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Rehrig Pacific completes acquisition of QTEK Design to revolutionize logistics and material handling technologies

Apr 17, 2024•over 1 year ago

Acquiring Company

Rehrig Pacific

Acquired Company

QTEK Design

Los AngelesLondonSupply Chain ManagementLogisticsManufacturingSupply Chain ManagementLogisticsManufacturing

Description

Rehrig Pacific, a global leader in logistics and material handling solutions, has announced the acquisition of QTEK Design, a provider of innovative logistics solutions specializing in machines for pallet splitting, exchanging, and dispensing. This strategic move underscores Rehrig Pacific's commitment to delivering cutting-edge solutions that empower its customers to optimize operations and achieve greater efficiency and productivity.

Company Information

Company

Rehrig Pacific

Location

Los Angeles, California, United States

About

Rehrig Pacific is a global leader in logistics and material handling solutions, offering integrated sustainable solutions for the supply chain and environmental waste industries. The company provides end-to-end solutions, including returnable plastic products, material handling delivery lifts and sleds, technology to track those assets, and a dedicated service team to ensure their longevity. Founded in 1913, Rehrig Pacific focuses on the customers' needs and provides innovative solutions that are easily implemented and driven by a commitment to sustainability and safety while responsibly and effectively moving goods, services, and ideas through the global supply chain.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed