TriEnda Honored by Logistics Tech Outlook Magazine as a Top 10 Material Handling Solution Provider

Reusable packaging and pallet news briefs PORTAGE, Wis., March 18, 2020 - TriEnda, the developer and manufacturer of industry-leading cargo protection systems, has announced that Logistics Tech Outlook has named TriEnda to its Top 10 Material Handling System Solution Providers for 2020. The material handling industry plays a critical role in … [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...]

Brambles 2018 results and first-quarter 2019 trading update: Constant-currency sales revenue growth of 6%

Sydney – 23 October 2018: Brambles Limited has reported sales revenue from continuing operations of US$1,420.6 million for the first three months of the financial year ending 30 June 2019 (FY19), representing an increase of 3% on the prior corresponding period at actual FX rates and 6% at constant FX. The difference between actual and constant FX … [Read more...]

Schoeller Allibert Group Appoints Ludo Gielen as CEO

Hoofddorp, the Netherlands, October 17, 2018--with updates October 18, 2018--Schoeller Allibert Group B.V., one of Europe’s leading manufacturers of returnable plastic packaging systems, announced  that it has appointed Ludo Gielen as Chief Executive Officer, effective November 1, 2018. Ludo, who currently holds the position of Chief Strategic … [Read more...]

Dan Martin appointed President IFCO North America

Tampa, Florida – October 15, 2018: IFCO, the world’s leading supplier of Reusable Plastic Containers for fresh food packaging, today announced the appointment of Dan Martin as President, IFCO North America. “We are pleased to welcome Dan Martin back to the IFCO family,” said IFCO CEO, Wolfgang Orgeldinger. “He understands the unique role IFCO … [Read more...]