RM2 launched the smart pallet revolution by embedding autonomous IoT sensor technology in its logistically-optimized, hygienic BLOCKPal™ composite pallets. IoT sensor data are transmitted to the cloud via the LTE-M network, making visible the pallet’s location and condition both indoors and in transit without requiring any additional hardware or IT development. RM2 ELIoT®, the Company’s cloud-based supply chain intelligence platform, captures and contextualizes location, temperature, shock, and event data, giving customers end-to-end supply chain visibility and clear, actionable insights in real time. RM2 issues, retrieves, and sanitizes more than 1.5 million of its hygienic IoT pallets annually through a nationwide network of over 30 service facilities in a cost-effective, scalable, and environmentally sustainable pallet pooling system.


Annual Pallet Issues


Service Facilities


R&D Investment


The Board of Directors is currently comprised of eight individuals. Members have operated at senior executive levels at some of the largest major consumer brand FMCG companies in the world and at leading logistics and technology companies, providing them deep insight into the needs of pallet users.


R. Ian Molson

R. Ian Molson was born and grew up in Montreal, Canada and is currently a director of a number of private equity, investment and other companies including Cayzer Continuation PCC Ltd, Central European Petroleum Ltd (Deputy Chairman), Healthpoint Capital LLC and JCB Services Limited.

From 1999 to 2004, he was deputy chairman of the board and Chairman of the Executive Committee of Molson Inc., a Canadian public corporation founded in 1786. Between 1977 and 1997, he was employed by Credit Suisse First Boston, one of the leading investment banking and securities firms in the world. From 1993 to 1997, he served as co-Head of their Investment Banking Department in Europe, a position which encompassed all corporate finance, corporate advisory, mergers and acquisitions businesses in Europe, Russia, Africa and the Middle East. He graduated from Harvard University (BA Honors) in 1977.


Kevin Mazula

Kevin Mazula has over 25 years of executive management experience, successfully leading growing businesses across a range of industries and geographies. He joined RM2 as Chief Operating Officer in April 2016 and became Chief Executive Officer in August 2017.
Prior to joining RM2, Mr. Mazula served as Chief Commercial Officer at PRIMUS Technologies and as a Senior Vice President of Xerox, where he led growth strategy and global productivity and cost competitiveness initiatives, respectively. Prior to these roles, Kevin served as Vice President of Global Business Units at Jabil, where he led the company’s Telecom and Networking business. He also founded Jabil’s Energy Management business, establishing the company’s leadership position in Smart Metering and the Smart Grid. Mr. Mazula began his career at General Electric, holding leadership roles in engineering, operations, and program management.
Mr. Mazula is a member of the Executive Board of the Reusable Packaging Association, a non-profit trade organization focused on achieving sustainability through the reuse of packaging systems. He graduated with honors from the Wharton School where he earned his MBA in International Finance. As a Lauder Fellow, he was also awarded a MA in International Studies from the University of Pennsylvania. Mr. Mazula earned his undergraduate degree in Mechanical Engineering from the Massachusetts Institute of Technology.

David Binks

David Binks brings to the Board nearly 35 years of experience in the logistics industry, gained through positions in marketing, sales and operations at FedEx Express around the world. Most recently, David was concurrently CEO of TNT and Regional President FedEx Europe, based in the Netherlands. In this role, following the €4.4 billion acquisition of TNT Express by FedEx, David led the individual business units while preparing and executing the full operational integration. Prior to this, David was Regional President FedEx EMEA where he held full P&L responsibility for Europe, the Middle East, India and Africa leading a team of 12 executive officers and a total work force of 16,000 employees and Senior Vice President for FedEx European Operations with full operational responsibility for operations in 52 countries. David holds a bachelor’s degree in Economics (Honors) from Coventry University in England.

Jan Dekker

Jan Dekker worked for Philips Corporation from 1973 to 1981. He then joined KPMG Meijburg & Co where he became Senior Partner in the International Tax Practice. Mr. Dekker is a director for a number of private companies. He has been on the Board of RM2 since its founding, serving as Chairman from 2009 to 2013. He attended the Universities of Leyden, Rotterdam and Tilburg where he studied civil and economic and international tax law, gaining several masters degrees.

Charles Duro

Charles Duro is the founding partner of Duro & Partners, a Luxembourg law firm started in 1995, after having been a partner in another law firm in Luxembourg. He practices mainly in company law and is on the board of a number of Luxembourg companies active in various sectors. Mr. Duro is a former chairman of the tax commission of the “Association Internationale des Jeunes Avocats”.

Andrew M. Geisse

Andrew M. Geisse is a 35+ year technology industry veteran. He currently serves in an advisory or board member capacity to nearly a dozen innovative technology and start-up firms and is an Operating Partner at Bessemer Venture Partners. Andy is the former CEO of AT&T Business Solutions and the former CIO of AT&T, Inc. Whilst CEO for AT&T’s business-to-business group, Andy was responsible for over $70 billion of AT&T’s revenues with 65,000 employees and contractors. He also developed the group’s growth and product strategy, including AT&T’s new cloud strategy and oversaw the growth of the group’s mobility and strategic wireline services. His deep experience in digital technology as well as his involvement in advising innovative firms brings complementary knowledge and skills to the RM2 Board. Andy earned a bachelor degree in Economics and Mathematics from the University of Missouri and holds an MBA from Olin School of Business at Washington University.

Lord Rose

Lord Rose has been the Chief Executive of a number of substantial retail businesses including Burton Group plc., Argos plc., Booker plc. and Arcadia Group plc. He was Chief Executive and also, latterly, Chairman of Marks & Spencer plc. from 2004 to 2010. He is Chairman of Ocado Group plc. and Fat Face Group Ltd as well as a number of other companies.


RM2 was founded in 2007 to develop and bring to market a revolutionary composite pallet and supply chain service platform. Since its inception, the Company has invested more than US $60 million in R&D for pallet manufacturing technology and design.

  • 2007

    RM2 Founded

    RM2 Founded

    January 1, 2007

    RM2 was founded in 2007 to develop and bring to market a revolutionary composite pallet and supply chain service platform

  • 2011

    Market Research and R&D

    Market Research and R&D

    January 1, 2011

    Since its inception, the company has invested more than US $60 million in R&D for pallet manufacturing technology and design.

  • 2013

    Equipment Tracking Acquisition

    Equipment Tracking Acquisition

    January 1, 2013

    Acquires Equipment Tracking and its ERICA pallet tracking and management software.

  • 2014



    January 7, 2014

    Company completes an IPO on the AIM Market of the London Stock Exchange, raising $214.5M.

  • 2014

    DAQS Acquisition

    DAQS Acquisition

    September 9, 2014

    RM2 acquires DAQS technology for improved supply chain management and logistics efficiencies.

  • 2016

    IoT Pallet Launched

    IoT Pallet Launched

    January 9, 2016

    RM2 introduces the first Internet of Things (IoT) trackable pallet, allowing customers to trace pallet movements and be informed of temperature and shock data, giving unparalleled insight to their supply chains and providing numerous opportunities for cost-saving.

  • 2020

    Delisting of Shares from AIM

    Delisting of Shares from AIM

    January 15, 2020

    On January 15, 2020, the shareholders of the Company voted to cancel the trading of the Company’s shares on the AIM market of the London Stock Exchange. The cancellation was effective January 20, 2020. A matched bargain trading facility was implemented with Asset Match to facilitate secondary market trading of the Company’s shares.