Tosca Continues to Expand Rapidly in Reusable Packaging Pooling Space, Acquires Contraload

The acquisition expands Tosca's capabilities to service the entire supply chain - first mile through last-mile delivery Addition of Contraload will enhance Tosca's geographic and product diversification Tosca, a leading reusable packaging pooling provider, has agreed to acquire Contraload NV, a leader in plastic pallet pooling in the United … [Read more...]

Vigilance required as reusable basket loses expected to mount

News briefs Vigilance required as reusable basket loses expected to mount Bakery losses anticipated as high as 50% May 4, 2020 - “Bakers Basco is proud to play our part in the UK’s ‘Circular Economy’, and contribute to reducing global warming and related environmental damage through the responsible use of recyclable materials - known in … [Read more...]

CHEP Meets Unprecedented Surge in Customer Demand

Since the outbreak of COVID-19, CHEP's pallet businesses have successfully met an unprecedented surge in customer demand and processed significantly higher repair volumes with minimal disruption across its service center network, according to Brambles CEO, Graham Chipchase, commenting on the third-quarter trading update from the company. "These … [Read more...]

David Cuenca to succeed Michael Pooley as President of CHEP Europe

Sydney - CHEP has announced a transition of leadership for its European business operations. Brambles has appointed David Cuenca, who currently leads the company's Latin America business, as President, CHEP Europe from 1 July 2020. This follows the resignation of Michael Pooley, the current President of CHEP Europe, after a career spanning more … [Read more...]

Private Equity Firm Buys Majority Stake in Kamps

Private equity interest in the pallet industry continues to surface. One private equity firm, Freeman Spogli & Company, today announced purchasing a majority share in Grand Rapids, Michigan based Kamps, Inc. Founder and CEO Bernie Kamps will continue to lead the Company and remains a significant shareholder. Other members of the Company's … [Read more...]

Tosca to Acquire Polymer Logistics

Atlanta, Georgia, USA, October 16, 2019--Tosca, an innovator in reusable packaging and supply chain solutions in the United States, has agreed to acquire Polymer Logistics (“Polymer”), an innovative company specializing in reusable transport packaging and retail merchandising systems in the United States and Europe, from a consortium of private … [Read more...]

Eastern Acquires a Leading Provider of Engineered Packaging for $81.7 Million

Eastern Takes Next Step Toward $100 Million EBITDA Goal With Addition of New Growth Business NAUGATUCK, Conn. - The Eastern Company has announced that it has acquired 100% of the outstanding shares of Big 3 Precision Products, Inc., a reusable packaging manufacturer, and Big 3 Precision Mold Services, Inc. (together “Big 3 Precision”) for … [Read more...]

Deutsche Beteiligungs AG Invests in Cartonplast Group

Leading European operator of a pool system for the rental of reusable plastic layer pads for the transport of food and beverage containers Eighth MBO of DBAG Fund VII; approximately 71 per cent of capital commitments of the main fund invested Further growth via internationalisation and expansion of range of services Frankfurt … [Read more...]

Brambles announces the sale of its IFCO RPC pooling business for US$2.5 billion

Sydney – 25 February 2019: Brambles has announced entering into a binding agreement to sell its IFCO reusable plastic containers (RPC) business to Triton and Luxinva (a wholly-owned subsidiary of the Abu Dhabi Investment Authority) for an enterprise value of US$2.51 billion. According to a news report, the buyout group Triton outbid other suitors … [Read more...]

Brambles Commercial Academy Recognised by the Learning & Performance Institute

An essential part of the Group strategy is to invest in employees to better equip them and improve the company’s processes and service delivery London, UK – 5th November 2018 – Brambles, a leading logistics solutions company operating primarily through the CHEP and IFCO brands, has recently received the “Learning Programme of Excellence” 2018 by … [Read more...]