Stonepeak acquires an approximately 50 per cent co-controlling interest in Ifco, a global supplier of reusable containers for fresh food, from ADIA. Triton remains invested as a partner.
Stonepeak, an investment company specialising in infrastructure and real assets, has agreed to acquire approximately half of a co-controlling interest in Ifco Group. The seller is a subsidiary of the Abu Dhabi Investment Authority (ADIA). The investment company Triton will also remain on board. In future, Stonepeak and Triton will share ownership and management of the global provider of reusable packaging containers for fresh food.
Global network for reusable containers
Ifco was founded in 1992 and today operates a logistics system with more than 400 million reusable plastic containers that enable over 2.5 billion shipments of fresh fruit, vegetables and other perishable goods every year. The network comprises around 140 service centres where the containers are cleaned, repaired and put back into circulation. According to the company, retailers and producers benefit from cost advantages, automation, better product quality and sustainability compared to disposable cardboard packaging.
The transaction is subject to regulatory approvals. Closing is expected in the fourth quarter of 2025.
Source: Triton
