IFCO enters Colombian reusable plastic crate segment through acquisition of Empacotecnia SAS
May 04 2016 - 10:30AM
Business Wire
IFCO SYSTEMS, a Brambles Company, is pleased to announce the
acquisition of Empacotecnia SAS (“Empacotecnia”), Colombia’s
leading provider of reusable plastic crate (RPC) pooling services.
The transaction completed on May 3, 2016.
IFCO SYSTEMS’ CEO, Wolfgang Orgeldinger, said: “This acquisition
complements our strong organic growth in South America by adding a
successful market leader with strong financial returns and a
promising growth outlook to the IFCO family.
“We are excited to build upon Empacotecnia’s existing leadership
position in the Colombian fresh food supply chain to deliver value
for retailers, growers and producers. The acquisition will drive
step change for IFCO’s RPC footprint in Latin America.”
Empacotecnia generated sales revenue of US$ 3.3 million and
about six million RPC rentals in the 2015 calendar year, and is
forecasting strong growth over coming years as it increases
penetration with major retail partners and launches RPC products in
new sectors.
Empacotecnia was founded in 2006 and is privately owned. It has
seven service centers in Colombia and approximately 124 employees.
The business serves major retailers Grupo Exito and Cencosud
Colombia, as well as approximately 218 producers.
Additional Information
IFCO is the leading global provider of reusable packaging
solutions, operating a pool of over 225 million Reusable Plastic
Containers (RPCs) in 37 countries. IFCO RPCs are used primarily to
transport fresh products from producers to leading grocery
retailers worldwide. IFCO's solutions help retailers and producers
reduce costs and increase sales by maximizing efficiency, product
protection, sustainability, and safety throughout their supply
chains. IFCO is a member of the Brambles family of companies. For
more information, visit www.ifco.com.
About Brambles
Brambles Limited (ASX:BXB) is a supply-chain logistics
company operating primarily through the CHEP and IFCO brands.
Brambles enhances performance for customers by helping them
transport goods through their supply chains more efficiently,
sustainably and safely. The Group's primary activity is the
provision of reusable unit-load equipment such as pallets, crates
and containers for shared use by multiple participants throughout
the supply chain, under a model known as "pooling". Brambles
primarily serves customers in the fast-moving consumer goods (e.g.
dry food, grocery, and health and personal care), fresh produce,
beverage, retail and general manufacturing industries, counting
many of the world's best-known brands among its customers. The
Group also operates specialist container logistics businesses
serving the automotive, aerospace and oil and gas sectors. Brambles
has its headquarters in Sydney, Australia, but operates in more
than 60 countries, with its largest operations in North America and
Western Europe. Brambles employs more than 14,000 people and owns
more than 500 million pallets, crates and containers through a
network of approximately 850 service centres. For further
information, please visit www.brambles.com.
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IFCOHillary FemalVP - Global MarketingT: + 1 813 463 4124F: + 1
813 286 2070M: + 1 813 992 1470Hillary.Femal@ifco.com
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