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Announced

Apax-backed Tosca to acquire Contraload.

Synopsis

Apax-backed Tosca, an innovator in reusable packaging and supply chain solutions, agreed to acquire Contraload, a provider of plastic pallet pooling in the United Kingdom and European Union, from Down2Earth Capital and Gimv, two private equity firms. Financial terms were not disclosed. "Tosca's acquisition of Contraload, a leader in plastic pallet pooling in the United Kingdom and European Union, establishes our combined company as an even stronger partner for our customers globally and allows us to continue to propel the reusable revolution," Eric Frank, Tosca CEO.

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