HB RTS, a logistics solutions provider specializing in reusable load carriers, has announced its acquisition of TPS Rental Systems Ltd ("TPS"). This strategic move bolsters HB RTS's position as a European market leader in sustainable logistics solutions across diverse industries.
Expanding European reach and capabilities
Supported by Arcus Infrastructure Partners, HB RTS has established itself across Europe in the pooling, rental, transport, storage, and cleaning of crates, pallets, boxes, and rolling load carriers. The company operates a pool of six million load carriers, catering to customers in the food and horticulture industries. HB RTS has built its reputation on significant investments, tailored reverse logistics solutions, and an extensive network of washing locations, including return centers for major retailers.
TPS Rental Systems specializes in renting intermediate bulk tanks, including stainless steel and bag-in-box containers, alongside selling liner bags and accessories. Its presence in the UK, Ireland, Spain, Italy, France, Germany, and Nordic countries complements HB RTS's operations in the Netherlands, Belgium, Germany, Austria, Switzerland, Poland, and the Czech Republic.
A stronger European platform
The merger of HB RTS and TPS creates a robust platform with an expanded range of load carriers and services. Together, they provide a one-stop-shop solution for supply chain infrastructure, benefiting food producers, wholesalers, retailers, and other industries. This merger underscores HB RTS's commitment to sustainable and cost-effective solutions, addressing logistics challenges across Europe.
Eric Schrover, CEO of HB RTS, said: "We are thrilled about the acquisition of TPS. With its unique position in the supply chain, TPS is a perfect match. Together, we enable our customers to make their supply chains more sustainable and efficient, driving the transition from single-use to reusable transport packaging. The TPS team's quality and strong customer relationships have impressed us, and we look forward to working together to unlock the potential of our complementary networks."
Complementary benefits for customers
TPS has a strong foothold in pre-production areas of the food, cosmetics, and pharmaceutical sectors. Ian Camwell, CEO of TPS Rental Systems, commented: "The synergy between the two businesses will benefit our organization and customers through increased product offerings and new investments."
Jordan Cott, Partner at Arcus Infrastructure Partners, noted: "This acquisition enhances HB RTS's platform value by expanding into new countries and increasing exposure to the growing segment of IBC rental solutions. It's an excellent example of how Arcus collaborates with management teams to drive strategic M&A."
Through this acquisition, HB RTS and TPS strengthen their mission to deliver innovative, sustainable, and customer-focused logistics solutions. By combining expertise and resources, the companies aim to make supply chains across Europe more efficient and environmentally friendly.
For more information:
HB RTS
Tel: +31 6 18 73 88 99
Email: [email protected]
www.hb-rts.com
TPS Rental Systems
Tel: + 44 (0) 1299 253535
Email: [email protected]
www.tpsrentalsystems.co.uk