Frankfurt a. M. — Funds advised by Triton (“Triton”) and Luxinva, a wholly owned subsidiary of the Abu Dhabi Investment Authority (“ADIA”), have successfully completed the acquisition of 100% of IFCO from Australian Securities Exchange listed Brambles Limited. Triton and ADIA have equal stakes in the investment.
IFCO is the world’s leading provider of reusable packaging solutions for fresh food, serving customers in more than 50 countries. IFCO has a global pool of more than 290 million reusable plastic containers (RPCs) used for more than 1.3 billion shipments of fresh fruits and vegetables, meat, poultry, seafood, eggs, bread and other items each year. (Photo: © Triton).
About ADIA
Founded in 1976, ADIA is a globally diversified investment institution that invests on behalf of the Government of Abu Dhabi as part of a strategy focused on long-term value creation. ADIA has been investing in private equity since 1989 and has built a significant in-house team of specialists with experience in asset products, geographies and sectors. Through its extensive relationships across the industry, Private Equities invests in private equity and credit products globally, often alongside external partners, and in externally managed primary and secondary funds.
The company’s philosophy is to build long-term, collaborative relationships with its partners and management teams to maximize value and support the implementation of agreed strategies.
About Triton
Since its founding in 1997, Triton has launched nine funds and focused on companies in the industrial, services, consumer goods and healthcare sectors. The Triton funds invest in medium-sized companies based in Europe and support their positive development. Triton’s goal is to successfully develop its portfolio companies in the long term by working together as partners. Triton and its management strive to generate positive change and growth through the sustainable improvement of operational processes and structures.
Currently, Triton’s portfolio includes 38 companies with total sales of around EUR 14.9 billion and approximately 72,000 employees.For further information, please visit: www.triton-partners.de.