# CMTP acquires Palletmasters in Queensland

CMTP, a leading Australian pallet manufacturer, has announced the acquisition of Palletmasters in Queensland, effective from 1 November 2024, to expand its footprint and production capabilities.

- Type: Acquisition
- Announced: 2024-10-17
- Where: Queensland, Australia
- Status: announced
- Products: pallets, crates, timber packaging solutions
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [CMTP](https://endata.com/companies/80498.md) (acquirer)
- [Palletmasters](https://endata.com/companies/80499.md) (target)

## Sources

- [timberbiz.com.au](https://www.timberbiz.com.au/cmtp-acquires-palletmasters/), 2024-10-17: "This acquisition aligns perfectly with our long-term strategy of growth and innovation."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.