Founded in 1992, IFCO is a global leader in reusable packaging logistics for fresh foods. The company manages over 400 million reusable packaging containers and facilitates more than 2.5 billion annual shipments of perishables. Its operations span approximately 140 service centres and serve over 300 retailers and 18,000 growers across 50+ countries. Stonepeak, which manages $73bn in assets, described IFCO as a 'critical component of the logistics infrastructure delivering fresh produce,' citing the company's cost and sustainability advantages over single-use packaging. 'We believe the company's high-quality, market-leading platform has meaningful embedded and adjacent growth opportunities,' said Nikolaus Woloszczuk, Senior Managing Director at Stonepeak. 'With IFCO's strong and growing presence in North America, the company fits squarely within our infrastructure investment strategy for the region.' Triton, which invested in IFCO alongside ADIA in 2019, also reaffirmed its backing....
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