Private Credit Lenders Move Toward Control of 48Forty as Market Pressures Deepen

November 21, 2025 - One of North America’s largest pallet recycling and management companies reportedly is headed toward a major ownership transition, as several of its private credit lenders prepare to exchange a portion of 48forty Solutions’ debt for equity. The development marks a significant escalation in a restructuring process first reported this summer and underscores the strain that high interest rates and cooling freight activity have placed on leveraged firms across the pallet sector.

https://packagingrevolution.net/private-credit-lenders-move-toward-control-of-48forty-as-market-pressures-deepen/