RM2 (LSEAIM: RM2), the sustainable composite pallet innovator, is pleased to announce that Loblaw Companies Ltd (TSX: L) (“Loblaw”), Canada’s largest retailer employing approximately 192,000 full and parttime employees, has begun accepting RM2 pallets in its supply chain network. RM2 will continue to work with Loblaw to further implement a programme of pallet deployment in the coming years.
Loblaw Executive Vice President of Supply Chain, Rob Wiebe, commented: “We are very pleased to begin accepting RM2 pallets in our distribution centres, and we look forward to working with selected vendors to support this important sustainability and efficiency initiative.”
John Walsh, Chief Executive Officer of RM2, said: “Loblaw is greatly respected as an innovative retailer with a deserved reputation as a champion of environmental responsibility. We are delighted to be chosen to partner with them and their supplier community to bring cost efficiencies, greater sustainability and innovation into the supply chain.”
RM2 International S.A. specialises in pallet development, manufacture, supply and management to establish a leading presence in global pallet supply and improve the supply chain of manufacturing and distribution businesses through the effective and efficient use and management of composite pallets. It is quoted on the AIM market of the London Stock Exchange under the symbol RM2.L. For further information, please visit www.rm2.com.