PE firm Triton Partners and sovereign wealth fund Abu Dhabi Investment Authority (ADIA) have entered exclusive talks to buy Germany-based IFCO, the reusable plastic containers (RPC) business of listed Australia-based logistics group Brambles for an enterprise value of $2.51bn.
Investindustrial sells its remaining stake of 4.12% in the company, fully exiting the investment
Following the deal, CCV Schweiz will be integrated with Concardis Schweiz, which is part of Nets Group
Minority shareholder IMS Capital has also filed for insolvency; Getnow is now seeking new investors
Exit from Rutland Fund III realises a return of 5.7x on the original cost of the investment