Foresco

What Foresco does

Foresco is a Belgian privately held company, founded in 1924 and headquartered in Genk, that designs, produces, sorts, repairs, and recycles wooden pallets and wooden packaging for logistics and industrial buyers across Europe. The company reports daily production capacity of 80,000 new pallets, 70,000 repaired pallets, and 24,000 square meters of custom wooden packaging, operated from multiple sites including ten with installed solar generation totaling 3,537 kW. Its commercial footprint covers Belgium, the Netherlands, Luxembourg, Denmark, Germany, Norway, and Sweden, served through country-specific sales teams and an e-commerce webshop (foresco.shop).

Foresco's revenue model rests on three streams: one-time sales of new and used wooden pallets, one-time sales of custom wooden packaging, and recurring circular-economy services covering collection, repair, reuse, and recycling of pallets. Pricing is quote-based via direct sales rather than publicly disclosed, and the company pursues a hybrid go-to-market combining enterprise field sales with direct-to-consumer e-commerce. Its customer base targets logistics operators and industrial manufacturers requiring just-in-time, locally delivered pallet and packaging supply, with sustainability-oriented buyers addressed through documented ESG credentials including ISO 9001 certification and the 2025 Climate Prize.

In September 2021 Foresco acquired Dutch wooden packaging manufacturer Lapack B.V., adding approximately 170 employees and consolidating its position in the Benelux wooden pallet and packaging market. The acquisition forms part of a broader growth strategy combining geographic expansion, channel diversification (webshop), and vertical integration of the circular pallet value chain. Sustainability is positioned as a core differentiator rather than a peripheral feature, evidenced by real-time solar-generation dashboards, coal-equivalent savings reporting, and tree-planting equivalents published on the company website.

Name

Foresco

Legal name

Foresco

Website

https://foresco.be

Company type

Private

Founded year

1924

Operating status

Operating

Headcount range

1–10 employees

Short description

Foresco is a Belgian wooden pallets and packaging solutions provider that designs, produces, repairs, and recycles pallets for logistics companies and industrial manufacturers across Benelux, Scandinavia, and DACH, with high-volume production capacity and integrated circular-economy services.

Ownership category

akta.pro rank

Product category

Wooden Pallets & Industrial Packaging

NAICS

Wood Container and Pallet Manufacturing (321920)

SIC

Lumber & Wood Products (No Furniture) (2400)

akta.pro primary industry

Pallets (Wood, Plastic, Metal, Presswood) (IMALAFAF)

akta.pro secondary industries

Wood Pallets, Crates & Industrial Wood Packaging (IMADADAJ), Material Handling Protective Accessories (Slip Sheets, Corner Boards, Pallet Collars) (IMALAFAN)

Keywords

• Wooden pallets
• Industrial packaging
• Pallet repair
• Circular packaging
• Logistics packaging

Headquarters

HQ city

Genk

HQ country

Belgium

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Pallet Sales: Sale of new and used wooden pallets for logistics operations. Production capacity of 80,000 new pallets per day and 70,000 repaired pallets per day indicates a high-volume transactional model.
2. Wooden Packaging: Production and sale of custom wooden packaging solutions with 24,000 square meters daily production capacity.
3. Collection, Repair & Re-use Services: Circular economy services collecting, repairing and re-using pallets, supporting sustainability goals while generating recurring service revenue.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

Foresco designs, produces, sorts, repairs, and recycles wooden pallets and custom wooden packaging for logistics and industrial customers. It operates a high-throughput pallet and packaging manufacturing business in Benelux and Scandinavia, supplemented by a circular-economy Collect, Repair & Re-use service and a direct online webshop for ordering pallets and packaging products.

Product overview

Foresco is a wooden pallets and packaging solutions provider operating a platform-plus-services model. The core offerings include Pallets (new and used/repaired, producing 80,000 new and repairing 70,000 daily), Packaging (wooden packaging solutions at 24,000 sqm/day), and the Collect, Repair & Re-use circular economy service. These are complemented by Recycling services and a Webshop for online ordering. The company operates primarily in Belgium, the Netherlands, and Luxembourg, with additional presence in Denmark, Germany, Norway, and Sweden.

Differentiator

Problem solved

Functional benefit

Products and services

• Pallets

Quantifiable outcome

• 80,000 new pallets produced per day
• +4 more outcomes

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Lapack B.V.coreOthers · 10 September 2021Foresco Group acquired all assets of Dutch manufacturer Lapack B.V., which specializes in wooden packaging and pallet production. This acquisition of approximately 170 employees is part of Foresco's growth strategy in logistics and packaging solutions.

Scale indicators7 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Nefab Group: Swedish-headquartered industrial packaging manufacturer with operations across Northern Europe. Comparable in providing engineered wooden packaging and engineered packaging logistics to industrial clients in Foresco's Scandinavian markets.
• B.A.G. Group (Berger, Aachener, Gummersbacher): German family-owned pallet and box manufacturer with extensive European production footprint. Comparable scale and product depth in wooden pallets and custom wooden packaging for industrial customers.
• Falkenhahn AG: German manufacturer of wooden pallets, pallet collars, and crates serving European industrial customers. Closely comparable in product mix and customer base to Foresco's wooden pallet and packaging lines.
• PalletBiz: European pallet specialist focused on pallet management, repair, and supply across multiple European countries. Overlaps directly with Foresco's repair-and-reuse circular service model and multi-country coverage.
• EPAL (European Pallet Association e.V.): Licensor and standard-setter for the European EPAL pallet, coordinating a continent-wide network of licensed producers and repairers. Foresco's new-pallet and large-volume repair model overlaps directly with EPAL-licensed operations across Benelux and Germany.
• Paletten-Service (Palm Group): German pallet manufacturer and pooling provider within the Palm Group, producing new pallets and operating a repair/reuse network. Direct competitor in the DACH market for new, repaired, and pooled wooden pallets.

Broad incumbents

• Kronospan Holdings: One of the world's largest wood-panel manufacturers with European operations spanning raw wood procurement through engineered panels. Adjacent comparable in scale and European wood-supply footprint, though focused on panels rather than finished pallets.
• CHEP (Brambles): Global leader in pallet and pooling services through its parent Brambles. Directly comparable as a wooden pallet producer and pooler serving European industrial and logistics customers, though considerably larger and globally diversified.

Emerging players

• CABKA Group: Specializes in plastic and composite pallets and load carriers, including recycled-content products. Comparable as an industrial pallet producer competing for logistics customers; differentiated by material but functionally overlapping.

Regional players

• Boxon AB: Nordic packaging company offering wooden and custom packaging solutions to Scandinavian industrial customers. Comparable product set in regional markets that overlap with Foresco's Norway and Sweden operations.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Foresco