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CHEP parent to acquire IFCO, creating a pallet and container giant

from Supply Chain Digest

Brambles, the Australian the parent company of the CHEP pallet business, moved into the plastic container and limited-use wood pallet market recently as it announced its intent to acquire Dutch-based IFCO Systems, creating a global pallet and container giant. It is not a small deal, with Brambles paying some $1.25 billion dollars to acquire IFCO from its current private equity owner. IFCO currently has revenues of about $750 million dollars, and when the deal is approved the acquisition will increase total CHEP sales by about 16 percent. more

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