{"id":21187,"date":"2019-02-27T12:50:23","date_gmt":"2019-02-27T11:50:23","guid":{"rendered":"https:\/\/packaging-journal.de\/?p=21187"},"modified":"2019-02-27T12:04:12","modified_gmt":"2019-02-27T11:04:12","slug":"brambles-sells-reusable-container-pool-supplier-ifco","status":"publish","type":"post","link":"https:\/\/packaging-journal.de\/en\/brambles-verkauft-mehrwegbehaelter-pool-anbieter-ifco\/","title":{"rendered":"Brambles sells IFCO to Triton and ADIA for USD 2.51 billion"},"content":{"rendered":"

The Australian company Brambles wants to sell its subsidiary IFCO Systems. On 26 February 2019, it was announced that the leading provider of reusable packaging solutions for fresh produce was to be acquired by Triton and a company from Abu Dabi for USD 2.51 billion. Subject to successful review by the authorities, the sale is expected to be completed in the second quarter of this year.<\/p>\n

The intention to sell was announced by Brambles<\/strong> back in August of last year. The buyers who have now been found, Triton<\/strong> and a wholly owned subsidiary of the Abu Dhabi Investment Authority<\/strong> (ADIA), have formed a partnership to IFCO<\/strong> 100 per cent.<\/p>\n

IFCO is a strong company from both a financial and market share perspective, according to the Munich-based company. IFCO is a leading global provider of \u201eReusable Plastic Containers<\/strong>\u201c (RPCs) with a large addressable market and good growth prospects.<\/p>

\"\"<\/a><\/div><\/div>\n

Reusable container pool of 290 million RPCs<\/h2>\n

The Reusable container pool<\/strong> comprises over 290 million RPCs. This means that more than 1.3 billion deliveries are made every year. In the 2018 financial year, IFCO therefore generated a Record result<\/strong>. For the first time, turnover exceeded one billion US dollars. The annual result thus grew by eight per cent.<\/p>\n

\u201eThis is a promising step for our company. We are convinced that this will give us better opportunities to strengthen existing customer relationships in the future and at the same time drive growth by expanding our customer base.\u201c
\nWolfgang Orgeldinger<\/strong>, CEO of IFCO Systems.<\/p><\/blockquote>\n

\u201eIFCO is very well positioned for its future as an independent company,\u201c says Wolfgang Orgeldinger, CEO of IFCO Systems, welcoming the transaction, \u201eThe acquisition by Triton and ADIA will give us more flexibility and flexibility. New growth opportunities<\/strong> in the markets we serve. I am personally convinced of this development and look forward to working with Triton and ADIA.\u201c<\/p>\n

Partnership-based cooperation is the aim<\/h2>\n

Triton was founded in 1997 and is one of the leading Fund company<\/strong>. Nine funds under the Triton umbrella focus on companies in the industrial, services, consumer goods and healthcare sectors. The Triton funds invest in medium-sized companies based in Europe. The aim in each case is to achieve a long-term Cooperation in partnership<\/strong>. Triton states that it currently has 37 companies in its portfolio, which employ a total of 84,000 people and are based on a Total turnover of 13 billion euros<\/strong> come.<\/p>\n

ADIA, in turn, was founded in 1976 and makes investments worldwide on behalf of the Abu Dabi government. Since 1989 the company has been Private equity sector<\/strong>\u00a0is active. The \u201ePrivate Equities\u201c department invests in private equity and credit products worldwide, often alongside external partners, and in externally managed primary and secondary funds, ADIA reports.<\/p>","protected":false},"excerpt":{"rendered":"IFCO Systems, a leading provider of reusable container pools for RPCs, is being acquired for USD 2.51 billion. The previous parent company Brambles intends to sell IFCO to the fund provider Triton and a subsidiary of the Abu Dhabi Investment Authority (ADIA).","protected":false},"author":1,"featured_media":21199,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"__cvm_playback_settings":[],"__cvm_video_id":"","rank_math_description":"","rank_math_focus_keyword":"","rank_math_title":"","csco_display_header_overlay":false,"csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[114,111],"tags":[],"class_list":{"0":"post-21187","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-aus-den-unternehmen-news","8":"category-maerkte","9":"cs-entry","10":"cs-video-wrap"},"acf":[],"vimeo_video":null,"_links":{"self":[{"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/posts\/21187","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/comments?post=21187"}],"version-history":[{"count":0,"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/posts\/21187\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/media\/21199"}],"wp:attachment":[{"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/media?parent=21187"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/categories?post=21187"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/tags?post=21187"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}