Latest news with #NikolausWoloszczuk
Yahoo
11-07-2025
- Business
- Yahoo
Stonepeak to purchase co-control stake in reusable packaging company IFCO
Alternative investment company Stonepeak has signed a definitive agreement to acquire a 50% co-controlling interest in IFCO Group, a provider of reusable packaging solutions for fresh foods. This stake is being purchased from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA). Triton, an existing shareholder and European mid-market investor, will maintain its partnership with IFCO, resulting in equal ownership and governance between Stonepeak and Triton. Stonepeak senior managing director Nikolaus Woloszczuk said: 'As the operator of the largest and most established logistics network for reusable packaging in the grocery supply chain globally, IFCO represents a critical component of the logistics infrastructure delivering fresh produce.' IFCO, established in 1992, manages a logistics system that uses more than 400 million reusable packaging containers (RPCs) to allow over 2.5 billion annual shipments of fresh produce, meat, poultry, seafood, eggs, and bread across over 50 countries. The company operates around 140 service centres globally to clean and repair RPCs, supporting a closed-loop, circular supply chain. IFCO's reusable solutions provide cost savings, sustainability benefits, and automation efficiencies for major food retailers and producers, according to Stonepeak. With approximately 2,000 employees, IFCO serves more than 300 retailers and 18,000 growers worldwide. IFCO CEO Michael Pooley said: 'With the support of ADIA and Triton, IFCO has gone through a successful strategic and operational transformation and delivered strong growth. 'We want to thank both investors for their contribution and welcome Stonepeak as a new partner alongside Triton.' The transaction is subject to customary regulatory approvals and is anticipated to close in the fourth quarter (Q4) of 2025. Citi is acting as financial advisor and Kirkland & Ellis as legal counsel to Stonepeak while Bank of America and Morgan Stanley & Co. International are advising ADIA and Triton, with legal counsel from Latham & Watkins and Freshfields Bruckhaus Deringer. In January this year, IFCO announced that its SmartCycle circular pooling system helped customers save 674,333 tonnes of carbon dioxide emissions in 2024 by replacing single-use packaging. "Stonepeak to purchase co-control stake in reusable packaging company IFCO" was originally created and published by Packaging Gateway, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Arabian Post
11-07-2025
- Business
- Arabian Post
Stonepeak Secures Strategic Co-Control of IFCO Stake
Arabian Post Staff -Dubai Stonepeak, a US-based infrastructure investor, has agreed to acquire a 50 per cent co-controlling stake in IFCO Group from a subsidiary of the Abu Dhabi Investment Authority. The transaction positions Stonepeak alongside European mid-market investor Triton, which will continue its existing 50 per cent ownership. Financial terms were not disclosed, and the deal remains subject to customary regulatory approvals, with completion targeted in the fourth quarter of 2025. Founded in 1992, IFCO operates one of the world's largest reusable packaging container systems, managing over 400 million units and facilitating approximately 2.5 billion shipments of fresh food annually across more than 50 countries. This extensive network, supported by around 140 service centres, serves more than 18,000 growers and over 300 retailers, delivering substantial cost efficiencies, sustainability gains, and operational scalability compared to single-use packaging. ADVERTISEMENT ADIA initially invested in IFCO's carve-out from Australian logistics group Brambles in 2019, following a $2.5 billion sale to Triton. Over the intervening years, IFCO has undergone a comprehensive strategic and operational transformation, including enhanced digitalisation and an expanded global footprint, setting the stage for this latest ownership transition. IFCO's chief executive officer, Michael Pooley, praised the combined expertise of Stonepeak and Triton, emphasising that the new partnership will support growth and reinforce IFCO's 'market leading position globally'. Nikolaus Woloszczuk, Senior Managing Director at Stonepeak, described IFCO as a 'critical component of the logistics infrastructure delivering fresh produce' and underlined the firm's commitment to accelerating the company's expansion—particularly in North America—as part of Stonepeak's broader infrastructure investment strategy. Triton's co‑head of business services, Stephan Förschle, affirmed the firm's ongoing commitment to IFCO, signalling confidence in the combined vision with Stonepeak to deliver value through digitalisation and sustainability initiatives. Representing ADIA, executive director Hamad Shahwan Aldhaheri noted that since the 2019 investment, IFCO had built 'solid foundations for the future, based on strong operational performance and enhanced digital capabilities'. Advisory teams have been engaged from both sides of the transaction. Citi and Morgan Stanley served as financial advisers to ADIA and Triton, with Bank of America also representing ADIA, while Kirkland & Ellis and Latham & Watkins provided legal counsel. Stonepeak was advised by Citi financially and Kirkland & Ellis legally. Analysts indicate that the deal could value IFCO at approximately €5.5 billion including debt, implying a consideration near €2 billion for the 50 per cent stake, according to Bloomberg. This valuation reflects IFCO's robust market position and future growth prospects in sustainable logistics. The combination of Triton's deep sector knowledge and Stonepeak's infrastructure expertise—including its focus on transport, logistics, and digitalisation—positions IFCO to capitalise on rising demand for circular economy solutions in food supply chains. With container reuse gaining regulatory momentum and retailer focus on waste reduction intensifying, IFCO's closed-loop model is becoming increasingly central to sustainable logistics strategies. Market observers expect this deal to reinforce growing investor interest in circular supply chain infrastructure, especially as environmental and governance factors shape capital allocation. The high valuation underscored by global advisory firms suggests confidence in IFCO's ability to deliver both financial returns and environmental impact through its RPC-based system. The completion of this transaction in late 2025 will mark a significant milestone for all stakeholders. ADIA exits after six years of investment and strategic support. Triton remains, signalling continuity in governance and operation. Stonepeak enters as a long-term partner, with capital and network to help scale IFCO's platform further—particularly in North America.
Business Wire
09-07-2025
- Business
- Business Wire
Stonepeak to Acquire a Co-Control Stake in IFCO from ADIA
MUNICH & NEW YORK & PULLACH, Germany--(BUSINESS WIRE)--Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, today announced that it has entered into a definitive agreement under which Stonepeak will acquire an ~50% co-controlling stake in IFCO Group ('IFCO' or 'the Company'), a leading global provider of reusable packaging solutions for fresh foods, from a wholly-owned subsidiary of the Abu Dhabi Investment Authority ('ADIA'). Triton, a leading European mid-market sector-specialist investor and existing investor in IFCO, will remain a committed partner to the Company. Together, Stonepeak and Triton will have joint and equal ownership and governance of IFCO. Founded in 1992, IFCO today manages a global logistics system that utilizes over 400 million reusable packaging containers ('RPCs') to enable more than 2.5 billion annual shipments of fresh fruits, vegetables, and other perishables from producers to retailers through a closed-loop, circular supply chain. The Company operates a network of approximately 140 service centers to wash and repair RPCs between trips. IFCO's reusable solutions offer clear advantages over single-use packaging, providing cost, sustainability, and automation benefits to leading food retailers and producers. With a team of approximately 2,000 employees, the Company runs a global operation serving over 300 retailers and 18,000 growers in more than 50 countries. 'With the support of ADIA and Triton, IFCO has gone through a successful strategic and operational transformation and delivered strong growth. We want to thank both investors for their contribution and welcome Stonepeak as a new partner alongside Triton. Stonepeak's expertise in critical infrastructure and proven investment strategy paired with Triton's long years of sector experience and focus on digitalisation and sustainability will contribute largely to IFCO's further growth, strengthening our market leading position globally,' commented Michael Pooley, Chief Executive Officer of IFCO. 'As the operator of the largest and most established logistics network for reusable packaging in the grocery supply chain globally, IFCO represents a critical component of the logistics infrastructure delivering fresh produce,' said Nikolaus Woloszczuk, Senior Managing Director at Stonepeak. 'Its leadership position is underpinned by its network and scale, which deliver cost and sustainability advantages over single-use cardboard for retailers and growers. We believe the Company's high-quality, market-leading platform has meaningful embedded and adjacent growth opportunities, and we are excited to partner with Triton and the IFCO team to accelerate this next chapter of growth at IFCO. With IFCO's strong and growing presence in North America, the Company fits squarely within our infrastructure investment strategy for the region.' 'We thank ADIA for its support of IFCO and the trustful collaboration with Triton over the last six years and are looking forward to continuing our investment journey with Stonepeak. Together we share the same ambition to create value for our investors and portfolio companies. IFCO is at the core of Triton's Business Services investment strategy, where we have many years of experience and in-depth sector know-how. We thank the IFCO management team and all employees for the great journey and their excellent contribution so far and will remain a committed investor as we are very excited about the Company prospects,' adds Stephan Förschle, Partner and Co-Head of Business Services at Triton. Hamad Shahwan Aldhaheri, Executive Director of the Private Equities Department at ADIA, said, 'ADIA invested alongside Triton in IFCO's carve-out from Brambles in 2019. Since then, IFCO has built solid foundations for the future, based on strong operational performance and enhanced digital capabilities, and is well positioned for growth. We wish the Company, Triton, and Stonepeak continued success in the years ahead.' The transaction is subject to customary regulatory approvals and is expected to be completed in the fourth quarter of 2025. Citi is serving as financial advisor and Kirkland & Ellis is serving as legal counsel to Stonepeak. Bank of America and Morgan Stanley & Co. International PLC are serving as financial advisors and Latham & Watkins as legal counsel to ADIA and Triton. Freshfields Bruckhaus Deringer is serving as legal counsel to ADIA. About IFCO IFCO is a leading global provider of reusable packaging solutions for fresh foods, empowering customers to participate in the circular economy in 50+ countries. IFCO operates a pool of over 400 million reusable packaging containers (RPCs) globally, which are used for over 2.5 billion shipments of fresh fruits and vegetables, meat, poultry, seafood, eggs, bread, and other items from suppliers to grocery retailers every year. IFCO RPCs ensure a better fresh food supply chain by protecting freshness and quality and lowering costs, food waste and environmental impact compared to single-use packaging. About Stonepeak Stonepeak is a leading alternative investment firm specializing in infrastructure and real assets with approximately $73 billion of assets under management. Through its investment in defensive, hard-asset businesses globally, Stonepeak aims to create value for its investors and portfolio companies, with a focus on downside protection and strong risk-adjusted returns. Stonepeak, as sponsor of private equity and credit investment vehicles, provides capital, operational support, and committed partnership to grow investments in its target sectors, which include transport and logistics, digital infrastructure, energy and energy transition, and real estate. Stonepeak is headquartered in New York with offices in Houston, Washington, D.C., London, Hong Kong, Seoul, Singapore, Sydney, Tokyo, Abu Dhabi, and Riyadh. For more information, please visit About Triton Founded in 1997 and owned by its partners, Triton is a leading European mid-market sector-specialist investor. Triton focuses on investing in businesses that provide mission critical goods and services in its three core sectors of Business Services, Industrial Tech, and Healthcare. Triton has over 150 investment professionals and value creation experts across 11 offices and invests through three complementary 'All Weather' strategies: Mid-Market Private Equity, Smaller Mid-Cap Private Equity, and Opportunistic Credit. About ADIA Established in 1976, the Abu Dhabi Investment Authority ('ADIA') is a globally-diversified investment institution that prudently invests funds on behalf of the Government of Abu Dhabi through a strategy focused on long-term value creation. For more information:
