IFCO announces acquisition by Triton for US$ 2.5 billion

Pullach, Germany – 26. February 2019: 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... Source: RealWire

via Albert Sherrill Investment Blog http://www.realwire.com/releases/IFCO-announces-acquisition-by-Triton-for-US-25-billion