Announced
Completed
Financials
Sources
Tags
Acquisition
Private
Domestic
Containers and Packaging
reusable packaging
Majority
Completed
Single Bidder
Japan
Private Equity
Friendly
Synopsis
Triton-backed IFCO Japan, a manufacturer of reusable plastic crate, completed the acquisition of the reusable container pooling services business from Sanko Lease, a firm engaged in the manufacturing and sale of automobile-related products. Financial terms were not disclosed. "We are delighted about this strategic transaction and the long-term partnership with Sanko Group. In addition, we are excited to see how bringing these two great businesses together will help IFCO continue its mission to make the Japanese fresh grocery supply chain sustainable," Michael Pooley, IFCO CEO.
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