IFCO Systems

IFCO acquisition by Triton and ADIA has been finalized

3.6.2019 11:14:06 CEST | IFCO Systems | Pressemelding

Del

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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Walmart Selects IFCO as Exclusive Provider of Reusable Plastic Containers for Fresh Fruit & Vegetables in the U.S.8.2.2021 16:21:10 CET | Pressemelding

(Tampa, FL, USA): IFCO SYSTEMS (IFCO), the world’s largest operator of Reusable Plastic Containers (RPCs) for fresh food packaging, and Walmart, today announced the completion of a multi-year business agreement that will expand the retailer’s use of IFCO RPCs and make IFCO Walmart’s exclusive RPC packaging provider for select fresh fruits and vegetables distributed in the U.S. “IFCO and Walmart share the goal of an efficient, sustainable fresh food supply chain that helps nourish millions of Americans and billions of consumers worldwide,” said Dan Martin, outgoing President of IFCO North America. “This agreement is a win for IFCO, a win for Walmart, a win for the environment and a win for millions of grocery shoppers across America.” Under the seven-year agreement, IFCO and Walmart will build upon their longstanding collaboration, which launched in 1998 when the two companies joined forces to introduce reusable packaging in the U.S. Walmart suppliers will deliver their produce to Walma

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