About Plasolutions
Plasolutions is a company based in Addison (United States) founded in 1989 was acquired by Propak in June 2022.. The company has 842 employees as of December 31, 2021. Plasolutions has completed 1 acquisition, including Taylor Made Pallets. Plasolutions offers products and services including Recycled Pallets, New Pallets, Pallet Retrieval, Pallet Repair, and Custom Crating. Plasolutions operates in a competitive market with competitors including DP World, DSV, DHL, SEKO Logistics and Allcargo Logistics, among others.
- Headquarter Addison, United States
- Employees 842 as on 31 Dec, 2021
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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- Legal Name Pla Buyer, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
842
as on Dec 31, 2021
- Investments & Acquisitions
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Acquired by
Propak
(Jun 07, 2022)
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Products & Services of Plasolutions
Plasolutions offers a comprehensive portfolio of products and services, including Recycled Pallets, New Pallets, Pallet Retrieval, Pallet Repair, and Custom Crating. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides recycled pallets for cost-effective logistics management.
Offers new pallets tailored to business needs and specifications.
Manages retrieval of pallets to optimize reverse logistics.
Handles repair and return programs for reusable pallets.
Delivers custom crating for secure product transportation.
Provides nationwide transportation and warehousing support.
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Funding Insights of Plasolutions
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Plasolutions
Plasolutions has secured backing from 1 investor. Prominent investors backing the company include Propak. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Propak is recognized as a provider of logistics and supply chain solutions.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Plasolutions
Plasolutions has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Taylor Made Pallets. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Logistics and delivery services are provided for pallet solutions.
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2000 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Plasolutions
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Plasolutions Comparisons
Competitors of Plasolutions
Plasolutions operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as DP World, DSV, DHL, SEKO Logistics and Allcargo Logistics, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Freight forwarding and maritime logistics services are provided globally.
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Global provider of transport and logistics services
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Global logistics service provider
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| domain | founded_year | HQ Location |
Global freight forwarding and logistics solutions are provided worldwide.
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| domain | founded_year | HQ Location |
Multi-modal freight transportation, warehousing, and logistics services are provided globally.
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| domain | founded_year | HQ Location |
Diversified freight forwarding services are provided on a global scale.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Plasolutions
Frequently Asked Questions about Plasolutions
When was Plasolutions founded?
Plasolutions was founded in 1989.
Where is Plasolutions located?
Plasolutions is headquartered in Addison, United States. It is registered at Addison, Texas, United States.
Who is the current CEO of Plasolutions?
Kyle Otting is the current CEO of Plasolutions.
How many employees does Plasolutions have?
As of Dec 31, 2021, the latest employee count at Plasolutions is 842.
What does Plasolutions do?
PLA was founded in 1989 and is headquartered in Addison, United States. Operations focus on the logistics and transportation sector, where warehousing solutions are managed alongside supply chain coordination. Services encompass storage, distribution, and freight movement across domestic routes. The company serves various industries through its established infrastructure, with leadership provided by CEO Kyle Otting.
Who are the top competitors of Plasolutions?
Plasolutions's top competitors include DHL, Allcargo Logistics and SEKO Logistics.
What products or services does Plasolutions offer?
Plasolutions offers Recycled Pallets, New Pallets, Pallet Retrieval, Pallet Repair, and 2 more products and services.
How many acquisitions has Plasolutions made?
Plasolutions has made 1 acquisition, including Taylor Made Pallets.
Who are Plasolutions's investors?
Plasolutions has 1 investor. Key investors include Propak.