PPS Equipment

PPS Equipment provides innovative Returnable Transit Packaging (RTP) solutions through the rental and pooling of durable plastic containers, enhancing supply chain efficiency for diverse industries in the UK. PPS Equipment specializes in RTP solutions, focusing on rental and pooling of durable plastic crates, trays, and pallets. Founded in 2002 in the UK by David Peggie, the company has undergone a consistent operational strategy. The most recent funding round occurred on July 29, 2015, when BGF Investment Management invested GBP 4.

9 million, bringing the total amount raised to GBP 4. 9 million with a single deal. PPS Equipment specializes in comprehensive Returnable Transit Packaging solutions, concentrating on the rental and pooling of durable plastic crates, trays, and pallets. The company also provides washing and repair services to maintain these items for reuse.

This full-service approach meets the needs of clients across various sectors, including food, automotive, retail, and fisheries, with key partnerships among the largest businesses in the UK. In the most recent year, 2023, PPS Equipment reported a revenue of GBP 10,863,926. 20 and an EBITDA of GBP 1,762,116. 20.

The revenue model is structured around B2B transactions, encompassing long-term rental agreements and short-term flexible arrangements based on specific packaging needs, with pricing influenced by rental volume and duration. PPS Equipment plans to enhance its product offerings by designing new RTP solutions to be launched in the coming year. The company aims to expand its market presence beyond the UK, targeting regions in Europe by the end of 2024. The recent GBP 4.

9 million investment from BGF Investment Management will support these growth initiatives, enabling the company to invest in product development and expand its operational capacity.