IFCO takes over RPC pooling service provider PlasticPack

PlasticPack is the current market leader in Lithuania for reusable packaging in the meat and dairy supply chain. With the acquisition, IFCO aims to become the leading provider of Reusable packaging for the fresh food supply chain in the Baltic region, serving Lithuania, Latvia and Estonia.

PlasticPack will expand its product portfolio beyond meat and dairy products to include fruit and vegetable packaging for growers and retailers, making it the leading provider of fruit and vegetable packaging. the first company to offer foldable reusable packaging for fruit and vegetables in the Baltic States. By expanding the use of reusable packaging in the region, the company is undertaking IFCO another step towards fulfilling its goal of making the supply chain for fresh food sustainable.

In addition to covering the Baltic region, customers in the region will benefit from IFCO's long-standing global Expertise in the circular economy and the provision of reusable packaging benefit. The merger of PlasticPack and IFCO is expected to combine local and global operational expertise, provide an enhanced customer experience and ensure the financial backing to expand the business.

PlasticPack will apply high customer service standards to reduce lead times, improve the availability of RPCs and optimise ordering and billing systems. Further Improvements in return logistics and transport efficiency will also offer additional benefits and enable customers to reduce the environmental impact of their business.

„We are pleased to welcome PlasticPack to IFCO's global business portfolio through this strategic transaction. We look forward to applying our circular economy model to the fresh food supply chain, which will bring much needed cost and environmental savings to the Baltic region.“

Michael Pooley, CEO of IFCO

Source: IFCO