Stonepeak has signed an agreement to acquire a 50% stake in IFCO from ADIA, aiming to enhance the company's growth in the reusable packaging logistics sector.

Target Information

Stonepeak has entered into a definitive agreement to acquire a 50% co-control stake in IFCO from the Abu Dhabi Investment Authority (ADIA). This strategic transaction is expected to close in the fourth quarter of 2025, establishing equal joint ownership between Stonepeak and existing investor Triton, who remains a committed partner to the company.

Founded in 1992, IFCO stands as a global leader in reusable packaging logistics, particularly for fresh foods. The company manages a substantial inventory of over 400 million reusable packaging containers and facilitates more than 2.5 billion shipments annually of perishable goods. With operations that span approximately 140 service centers, IFCO serves over 300 retailers and 18,000 growers across more than 50 countries.

Industry Overview

The reusable packaging industry has undergone significant transformation, particularly in regions where sustainability and cost-effectiveness are paramount. In recent years, there has been a substantial shift in consumer preference towards sustainable prac