IFCO Systems

IFCO acquisition by Triton and ADIA has been finalized

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Munich, June 3, 2019: IFCO SYSTEMS, the leading global provider of reusable packaging
solutions for fresh foods, announced that the acquisition by Triton and Abu Dhabi Investment
Authority (ADIA) has been finalized on May 31, 2019. The two investment companies acquired IFCO for an enterprise value of US$ 2.51 billion. This makes IFCO a fully independentcompany, able to act agile and flexibly and to offer the industry’s most efficient and sustainable fresh foods packaging solutions.

Brambles, the former parent company of IFCO, acquired IFCO in March 2011. Since then,
IFCO has grown to be the global market leader for reusable plastic containers (RPCs) for fresh foods. Today, IFCO has 32 subsidiaries around the world, which serve more than 320 retailers and over 14,000 producers in over 50 countries. The company operates more than 75 service centers and a global pool of over 290 million RPCs which are used in over 1.6 billion shipments of fresh fruits and vegetables, meat, poultry, seafood, eggs, bread, and other items from suppliers to retailers every year. In August 2018, Brambles announced the intent to sell IFCO. 

On May 31, 2019, the acquisition of IFCO by Triton and ADIA has been finalized. Wolfgang
Orgeldinger remains CEO of IFCO and is looking forward to the future: “We are very excited
about the future and very proud to say that IFCO is an independent company again. This
independence and the support by our investors will help to drive growth by expanding our
customer base, strengthen the ties with existing customers, and enable us to act more flexibly to opportunities and challenges within the markets that we serve.”

Please find the complete press release at https://www.ifco.com/en/press-releases/ifco-acquisition-triton-adia-finalized

Contact:
HBI Helga Bailey GmbH
Stefan Schmidt
Tel.: +49 (0)89 993887-47
ifco@hbi.de 

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IFCO awarded as German Innovation Leader6.3.2019 15:24:53 CETPressemelding

Pullach – 06. March 2019: IFCO SYSTEMS, the leading global provider of reusable packaging solutions for fresh foods, has been recognized by the F.A.Z. Institute as an innovation leader in Germany. IFCO ranked a top position in the category “Conveying, Packing, Storage”. The award proves the innovative strength of IFCO and its reusable plastic containers (RPCs). For the study “Deutschlands Innovationsführer” (Germany’s Innovation Leaders), 33,000 German companies were analysed with regard to their innovative strength. The study is based on data from the European Patent Office and was conducted by Prognos on behalf of the F.A.Z. Institute and in cooperation with the IMWF Institute for Management and Economic Research. “Our spirit is to improve our products and services towards a better supply chain that serves all. We are very proud that the F.A.Z. Institute has recognized our innovative power and named us a German innovation leader”, says Wolfgang Orgeldinger, CEO of IFCO SYSTEMS. “In t

IFCO announces acquisition by Triton for US$ 2.5 billion26.2.2019 15:42:24 CETPressemelding

(Pullach, Germany): IFCO SYSTEMS, the leading global provider of reusable packaging solutions for fresh foods, today announced that its parent company Brambles has entered into a binding agreement to sell IFCO to Triton and a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA), for an enterprise value of US$ 2.51 billion. The transaction is subject to customary regulatory approvals and is expected to be completed during the second quarter of 2019. Brambles announced in August 2018 that it intended to pursue a separation via a demerger or sale. Brambles today announced that Triton and a wholly-owned subsidiary of the ADIA, have formed a partnership to acquire 100 percent of IFCO. “This is an exciting step for our business, and we believe it will enhance our ability to strengthen ties with existing customers while driving growth”, said Wolfgang Orgeldinger, CEO of IFCO SYSTEMS. “IFCO is well positioned for its future as an independent company. The acquisition will provid