PALLITE Group Ltd, the Wellingborough-based manufacturer of sustainable supply-chain products, has achieved significant international growth with support from The FSE Group. Since receiving its first Midlands Engine Investment Fund (MEIF) loan via FSE in 2021, PALLITE has increased staff numbers by over 30%, expanded into six new overseas offices, and boosted global sales by 125%.
The MEIF funding enabled PALLITE to maintain momentum during a challenging period marked by COVID-19 and Brexit, while advancing its strategic expansion plans. Alongside its UK manufacturing base, the company now also operates facilities in Milwaukee and Belgium, and will commence manufacturing in Surabaya, Indonesia in early 2026.
PALLITE’s commitment to sustainability has earned it multiple accolades, including the King’s Award for Enterprise in Innovation (2023), the UK Warehousing Association Sustainability Award (2022), and the Prix Stratégies Logistique de l'Innovation Durable (2025) in France. Its innovative honeycomb cardboard pallets, crates, and PIX® storage solutions deliver significant carbon footprint reductions, helping businesses address Scope 3 emissions and meet evolving ESG requirements.
Recent regulatory developments, such as the UK Government’s Extended Producer Responsibility (EPR) for Packaging fees coming into effect in 2025 and 2026, are accelerating demand for eco-friendly solutions. PALLITE is well positioned to support companies transitioning to sustainable practices, offering products that weigh over 80% less than traditional wooden pallets—delivering cost efficiencies and substantial CO₂ savings.
Robert Audas, Chairman of PALLITE Group Ltd, said: “The MEIF funding from FSE enabled PALLITE to sustain momentum across our existing markets while continuing to advance our strategic expansion plans. During a period of significant uncertainty arising from both COVID-19 and Brexit, FSE provided the crucial stability and confidence needed to support our UK manufacturing operations and remain on course with our growth objectives, including the successful opening of our manufacturing facility in the United States in 2022.”
Chris Bailey, Investment Manager at The FSE Group, added: “PALLITE is an outstanding example of how innovative, sustainability-driven businesses can scale rapidly with the right financial backing. Since our first investment in 2021, the company has achieved exceptional growth in sales, employment and international footprint, while remaining firmly committed to reducing environmental impact. We are proud to have supported PALLITE on its journey and look forward to seeing the impact of its next phase of global expansion.”
With a customer base that includes many of the world’s leading brands and top global logistics providers, PALLITE’s next phase of growth will focus on internationalising its product lines and investing in new designs to meet evolving market needs. The company continues to demonstrate how British manufacturing innovation, backed by targeted growth finance, can compete and lead on a global stage.