Triton-backed IFCO Japan completed the acquisition of the reusable container pooling services business from Sanko Lease.

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.