---
schema_version: "secwatch.filing_event.v1"
accession: "0000912767-23-000039"
form_type: "8-K"
ticker: "UFPI"
cik: "0000912767"
company_name: "UFP INDUSTRIES INC"
filed_at: "2023-09-20T23:59:59+00:00"
generated_at: "2026-06-10T12:52:39.306589+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# UFP Industries subsidiary acquires 80% of Spanish pallet maker Palets Suller for ~$52M

## Summary
- 80% equity in UFP Palets y Embalajes SL acquired for ~$52M USD.
- Target Palets Suller Group had trailing 12-month sales of ~$38M through Aug 2023.
- Founder Samuel Suller Oliver retains 20% stake and remains executive director.
- Palets Suller is market leader in machine-built wood pallets serving Spain's ceramic tile industry.
- Acquisition expands UFP's value-added packaging business in Europe; Alex Kladt joins leadership.

## SEC filing metadata
- accession: 0000912767-23-000039
- form_type: 8-K
- ticker: UFPI
- cik: 0000912767
- company_name: UFP INDUSTRIES INC
- filed_at: 2023-09-20T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/912767/000091276723000039/0000912767-23-000039-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/912767/000091276723000039/ufpi-20230920x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000912767-23-000039
- JSON: https://secwatch.observer/filing/0000912767-23-000039.json
- Plain text: https://secwatch.observer/filing/0000912767-23-000039.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.