Kamps, Inc. signed a definitive purchase agreement to acquire Buckeye Diamond Logistics, Inc. (“BDL”) and its subsidiaries. The transaction is subject to customary closing conditions and is expected to close at the end of June 2021.
BDL offers pallet recycling, national pallet sales, and on-site pallet management services to over 1,500 customers nationwide through its family of widely-recognized industry brands.
All assets and employees plan to remain with the Company post-closing, including the BDL senior leadership team led by President and CEO Sam McAdow Jr.
“This acquisition will combine two successful and capable companies,” said Kamps President Mitchell Kamps. “The combination with BDL will bolster Kamps’ ability to provide today’s local, regional, and national retailers, manufacturers and distribution customers with the most diverse product line of solutions in the marketplace.”
Kamps, Inc. is a full-service national pallet company. Kamps specializes in supplying high quality recycled pallets, new custom pallets, and comprehensive pallet recycling services to a diverse customer base. The company also operates a full-service mulch, bark, and grinding division in two states.
