Sino-Ocean and KKR Invest in Capital Juda

HONG KONG– Leading Chinese property developer Sino-Ocean Group Holding Limited (“Sino-Ocean”; HKEx: 3377) and global investment firm KKR have entered into a definitive agreement to invest in China leading retail outlets developer and operator Beijing Capital Juda Limited (“Capital Juda” or “The Company”; HKEx: 1329) through a combination of new ordinary shares and perpetual convertible bond securities for a total consideration of HKD1,477 million (US$191 million).

Following completion of the transaction, Sino-Ocean will own an approximate 16% stake in Capital Juda and KKR will own an approximate 12% stake in Capital Juda, in each case on a fully diluted basis.

Capital Juda is a Hong Kong-listed subsidiary of Beijing Capital Land (“BCL”), a leading Chinese real estate developer listed in Hong Kong and controlled by Beijing Capital Group (“Capital Group”). The Company leverages on BCL’s experience and network in real estate development in China as well as its own expertise in commercial development and operations to focus on integrated outlets projects across China.

Sino-Ocean sees great potential for China’s outlets sector given the segment’s defensive fundamentals through economic cycles. It views Capital Juda and KKR as high-caliber partners with established track records that will further develop and grow its property businesses in China.

Beichen Zhong, Executive Director and CEO of Capital Juda, said, “Sino-Ocean and KKR are experienced investors in China’s real estate market and their investment in Capital Juda recognizes the future potential of China’s commercial real estate market, especially in the outlets sector. Combining their resources and extensive industry expertise with our experience in developing and managing outlets will bring along synergies to accelerate the development of the Company’s business.”

Rob Yang, Managing Director at KKR Asia, said, “Capital Juda is a leading real estate developer in China’s outlets space with a strong management team. We are excited about this opportunity and believe the sector will continue to benefit from a rising middle class, growing consumption and urbanization in China.”

The investment marks the second collaboration between Sino-Ocean and KKR, which first established a Chinese real estate joint venture in 2011.

KKR makes its investment from its China Growth Fund. The transaction is subject to customary regulatory and Capital Juda shareholder approvals.

The Hongkong and Shanghai Banking Corporation Limited is the sole financial adviser to Capital Juda.

About Beijing Capital Juda Limited (1329.HK)

BCL and its controlling shareholder Capital Group have completed the acquisition of Beijing Capital Juda in December 2013. Since completion of such acquisition, BCL became the controlling shareholder of Capital Juda. Following the successful acquisition of Xi’an First City Project in 2015, the proposed injection of outlets from BCL, and various ongoing development projects, Capital Juda plans to leverage on BCL’s experience and network in real estate development in China and its own expertise in commercial complex operation to focus on the development of integrated outlets and commercial projects and its strategic deployment in 20 target cities. Capital Juda is committed to develop outlets projects in 20 cities within the next 5 years. For additional information about Capital Juda, please visit Capital Juda’s website at

About Sino-Ocean Group Holding Limited (3377.HK)

Founded in 1993, Sino-Ocean Group was listed on the Main Board of the Hong Kong Stock Exchange on September 28, 2007 and has become one of the top ten Mainland real estate companies listed in Hong Kong. In March 2008 Sino-Ocean Group was selected as a constituent of the Hang Seng Hong Kong Composite Index and the Hang Seng China-Affiliated Corp Index. The Company is mainly engaged in four business sectors which are respectively the development of mid to high-end residential properties, premium office buildings and retail properties, real estate financing and customer services which consisting of property management and senior living business. For additional information about Sino-Ocean, please visit Sino-Ocean’s website at

About KKR

KKR is a leading global investment firm that manages investments across multiple asset classes including private equity, energy, infrastructure, real estate, credit and hedge funds. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world‐class people, and driving growth and value creation at the asset level. KKR invests its own capital alongside its partners’ capital and brings opportunities to others through its capital markets business. References to KKR’s investments may include the activities of its sponsored funds. For additional information about KKR & Co. L.P. (NYSE:KKR), please visit KKR’s website at and on Twitter @KKR_Co.

Categories: News


Mitsui to Join KKR and Panasonic as an Investor in Panasonic Healthcare

Mitsui & Co

TOKYO– Mitsui & Co., Ltd. (“Mitsui”), one of Japan’s largest diversified corporations, and global investment firm KKR today announced the signing of a definitive share purchase agreement for Panasonic Healthcare Holdings (“PHCHD” or “Panasonic Healthcare”), a global provider of healthcare devices. Under the agreement, Mitsui will acquire a 22% stake in PHCHD for JPY54.1 billion (US$510 million).

Mitsui will acquire its shares from KKR, which invested in PHCHD in 2014 from its pan-regional Asian Fund II. Following the completion of this transaction, KKR will own approximately 58% of PHCHD, Mitsui approximately 22%, and Panasonic Corporation approximately 20%.

PHCHD develops, manufactures, and sells healthcare devices, focusing on blood glucose monitoring systems and strips for people with diabetes through its subsidiary Panasonic Healthcare Co., Ltd. In January 2016, PHCHD acquired Ascensia Diabetes Care (“Ascensia”), formerly the diabetes care unit of Bayer Aktiengesellschaft, a leading provider of diabetes care solutions to people with diabetes and healthcare professionals in 125 countries around the world.

Hidehito Kotani, President of PHCHD, said, “Panasonic Healthcare strives to be a global provider of innovative and customer-centric healthcare devices to help and serve our customers and contribute to the well-being of society. We believe that Mitsui’s expertise, experience and networks in the healthcare business, especially in Asia, will help us grow further and compete globally. We welcome Mitsui as a shareholder that will help us in achieving our aims.”

PHCHD’s mission is to provide innovative technologies and accessible health care solutions to patients worldwide. The Company continually strengthens its focus on providing high-quality and life-enhancing products to diabetes patients globally given the growing incidence of the disease. According to the International Diabetes Federation, the number of people living with diabetes is expected to increase from 420 million in 2015 to 640 million people in 2040, and an estimated 60% of these people will live in emerging Asian countries.

Hiro Hirano, Member & CEO of KKR Japan, said, “Since 2014, we have worked closely with Panasonic Healthcare’s strong management team to grow the company and capture new opportunities at home and across borders. There is still much that can be done, and we will continue to support the company’s long-term growth. The partnership with Mitsui will greatly enhance the global opportunities for PHCHD.”

Koji Nagatomi, Chief Operating Officer of Mitsui’s Healthcare & Service Business Unit, said, “PHCHD manufactures and sells blood glucose monitoring systems and other healthcare devices globally, and has expanded its business operations as one of the world’s leading manufacturers of medical equipment. By leveraging Mitsui’s network of Asian healthcare organizations, we are confident of contributing to accelerating PHCHD’s growth in collaboration with KKR and Panasonic. We believe that this initiative will also contribute to the creation of service structures that will enhance the convenience of treatment for diabetes sufferers.”

The medical and health care industry has been a key focus area for Mitsui, which has been actively investing in hospital and ancillary businesses in Asia. Through this investment in PHCHD, Mitsui will be able to collaborate with its existing investments in medical institutions and its overseas customer base to promote and support the sale of PHCHD’s medical devices and to strengthen the ability of medical institutions to attract patients. In the emerging markets of Asia, Mitsui aims to build a diabetes treatment service network matched to occurrence of the disease, establishing an easy-to-use ecosystem for patients.

KKR has been investing in Japan through its pan-regional private equity funds since 2010. Japan has been and continues to be a key focus for KKR in the region. To date, KKR has completed three acquisitions in the market: Intelligence Ltd., a leading human resources services company; PHCHD, the carve-out health care business of Panasonic Corporation; and Pioneer DJ, the carve-out DJ equipment business of Pioneer Corporation.

The transaction is subject to customary approvals.

About Panasonic Healthcare Holdings Co., Ltd.
Incorporated in 2014, Panasonic Healthcare Holdings Co., Ltd. (shareholder structure: KKR 80%; Panasonic Corporation 20%) is involved in developing, manufacturing, selling and servicing medical equipment and solutions through its subsidiaries Panasonic Healthcare Co., Ltd. and Ascensia Diabetes Care Holdings Co., Ltd. It seeks to strengthen its three core businesses for In Vitro diagnostics devices, Medical IT and Laboratory and Medical Support devices to contribute to the wellbeing of society by creating new value propositions for all the people who wish for better health. For further information on Panasonic Healthcare Holdings, please visit

President: Hidehito Kotani
Headquarters: Minato-ku, Tokyo, Japan
Incorporation: 2014

About KKR
KKR is a leading global investment firm that manages investments across multiple asset classes including private equity, energy, infrastructure, real estate, credit and hedge funds. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world‐class people, and driving growth and value creation at the asset level. KKR invests its own capital alongside its partners’ capital and brings opportunities to others through its capital markets business. References to KKR’s investments may include the activities of its sponsored funds. For additional information about KKR & Co. L.P. (NYSE:KKR), please visit KKR’s website at and on Twitter @KKR_Co.

Categories: News


Activa Capital and Paluel – Marmont Capital realize their investment in Gaz Européen to DCC plc

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 Activa Capital

Activa Capital and Paluel-Marmont Capital have reached an agreement with international group DCC plc, shareholder of Butagaz since 2015, with regards to the disposal of their stake in Gaz Européen. Following the acquisition of an equity interest and a capital increase in December 2013, Activa Capital and Paluel – Marmont Capital have been accompanying the development of Gaz Européen as shareholders alongside the founders (majority shareholders ) and the management.

The DCC group has submitted a binding offer to acquire Gaz Européen, a natural gas retail and marketing business which supplies business and public sector customers in France, founded in 2005 when the French natural gas market was first deregulated and opened to competition. This acquisition which enables DCC to enter a new phase of diversification of its offer in energy businesses, is conditional on competition clearance from the French Competition Authority and is expected to complete in the first quarter of 2017.

For Yann Evin, CEO and shareholder of Gaz Européen, Activa Capital and Paluel-Marmont Capital have accompanied the transformation of the group’s supply chain model and supported the company’s strong growth for the last three years. With Butagaz, we expect to continue down that path and explore together new growth opportunities.

For Charles Diehl, Partner of Activa Capital, we are delighted to have contributed to Gaz Européen’s success, which has become a leading player in its market segment throughout France with 500,000 customers in the collective residential B2B market across 10,000 sites. We are convinced that the combination with Butagaz is an important milestone for continued success on the B2C as well as B2B markets.

For Xavier Poppe, Partner of Paluel-Marmont Capital, we are proud to have supported Gaz Européen in a period of strong growth during which the number of sites supplied has tripled and the turnover more than doubled over the last three years to exceed €200m today.


About Gaz Européen

The Gaz Européen group is a natural gas retailer serving the entire French territory thanks to its regional entities (Gaz de Paris, Gaz de Lille, Gaz de Nantes, Gaz de Lyon, Gaz de Marseille, Gaz de Toulouse). Specialist retailer of natural gas focusing on supplying energy management companies, apartment blocks with collective heating systems, public authorities and the service sector in France, Gaz Européen has a recognized track-record of experience in customized product and service offering which enable customers to better control their energy consumption. Learn more about Gaz Européen at



Categories: News


IK Investment Partners to sell Axtone Group to ITTIK


IK Investment Partners (“IK”) is pleased to announce that the IK 2004 Fund has reached an agreement to sell Axtone Group S.A. (“Axtone” or “the Company”), a leading manufacturer of highly engineered and customised components for railway industry, to ITT Inc., a US stock quoted manufacturer of engineered critical components and technology solutions for the energy, transportation, and industrial markets worldwide. Financial terms of the transaction are not disclosed.

Axtone is Europe’s premier manufacturer of buffers, draw-gear devices, railway springs as well as other shock absorption and safety components for rail and metro vehicles and rail infrastructure. With over 200 product certificates and customers across the globe, the Company’s solutions fulfil the requirements of European, UIC, Russian GOST and Chinese TB/T technical standards. Axtone is headquartered in Kanczuga, Poland and manufactures its products across six locations in Poland, Germany, Czech Republic and Russia as well as in a joint-venture in China.

“Together with Axtone’s management, we have successfully transformed the Company from a European freight buffer manufacturer to a global provider of customised solutions for shock absorption to the rail industry. During IK’s ownership, we supported two add-on acquisitions within railway springs as well as fostered a restructuring of the Company’s operations and footprint. Our investment in Axtone demonstrates IK’s ability to support CEE companies, particularly in terms of international expansion and the implementation of transformational agendas. We wish the Company and its management team the very best in their next step of development,” said Detlef Dinsel, Partner at IK and advisor to the IK 2004 Fund.

“The partnership with a new owner is a real acknowledgement of the achievements of Axtone, and we would like to thank IK for their support. Axtone is well-positioned to benefit from its unique technologies and brand recognition. We are pleased with the opportunity to join ITT’s legacy KONI brand, as we have a shared commitment to innovation, quality and unrivalled performance,” said Oliver Feicks, CEO of Axtone.

The transaction is expected to close in the first quarter of 2017, subject to customary closing conditions, including receipt of appropriate regulatory approvals.

Categories: News


Ratos AB: Arcus prepares for IPO


Ratos and its subsidiary Arcus (formerly ArcusGruppen), one of the leading wine and spirits suppliers in the Nordic region, intend to list the company’s shares on the Oslo Stock Exchange. A listing of Arcus is expected to deliver a strong and diversified long-term ownership base that can support the company’s continued growth strategy and strengthen its market position.

In 2005, when Ratos acquired Arcus, the company was predominantly a Norwegian spirits producer, which has developed under Ratos’s majority ownership into the Nordic region’s leading supplier of wines and spirits. In Norway, Arcus is market leader in wines and spirits and in the other Nordic markets, it is one of the leading players. The company’s best-known proprietary spirits brands include Aalborg Akvavit, Gammel Dansk and Lysholm Linie Aquavit. For wines, Arcus has both proprietary brands, such as Ruby Zin, and agency operations in which the company represents such producers as Masi and Francois Lurton.

Value creating strategic initiatives that have been implemented since 2005 include a divestment of non-core operations, greater focus on growth through Nordic expansion, a wider offering, acquisition of new brands and increased production efficiency. A major investment in a new production facility has been completed in Gjelleråsen, Norway, where production has been consolidated. Arcus now stands on a new platform for growth and its vision is to offer the best Nordic aquavit to the world and to offer the best global wines to the Nordic markets.

Arcus has enjoyed positive sales growth over the past 11 years, with an annual growth rate of approximately 11% since 2005. When the company was acquired in 2005, sales amounted to approximately NOK 863m with an adjusted EBITDA of about NOK 31m, while in 2015 sales amounted to approximately NOK 2,471m with an adjusted EBITDA of about NOK 274m. This strong performance has continued during 2016 with sales amounting to approximately NOK 2,572m and adjusted EBITDA to about NOK 340m per rolling 12 months as of 30 September 2016. Arcus’s nine-month results are part of the Ratos portfolio’s results, adjusted for Ratos’s holding, which will be published in the interim report on 10 November 2016.

“Arcus was a rough diamond when we acquired the company in 2005. It has been an extremely interesting growth journey, filled with every value-creating dimension. Together with management, we have transformed the company from being a mainly Norwegian spirits producer into a Nordic market leader. Arcus has created a platform for both continued growth and development. That is why we believe Arcus is well suited to a listing and look forward to welcoming more investors as shareholders in the company,” says Mikael Norlander, Investment Director at Ratos.

“I am very proud of Arcus’s strong consumer brands, our partners and our employees. We have track record of profitable growth and we want to continue to grow in our core business. We look forward to welcoming new shareholders and employees to take part in our continued growth journey on the stock exchange,” says Kenneth Hamnes, CEO of Arcus.

Ratos’s holding in Arcus amounts to 83%. More detailed information regarding a schedule and terms and conditions will be announced in conjunction with a decision being made on the listing. ABG Sundal Collier ASA and Skandinaviska Enskilda Banken AB (Publ), have been appointed joint global coordinators and joint bookrunners for the listing, with Carnegie AS as joint bookrunner. Advokatfirmaet Wiersholm AS will serve as legal advisor to Arcus and Ratos.

For further information, please contact:

Mikael Norlander, Investment Director Ratos, +46 8 700 17 00

Elin Ljung, Head of Corporate Communications Ratos, +46 8 700 17 20

Kenneth Hamnes, CEO Arcus, +47 952 92 049

Financial calendar from Ratos:
Interim report January-September 2016 10 November 2016

Ratos is an investment company that owns and develops unlisted medium-sized companies in the Nordic countries. Our goal as an active owner is to contribute to long-term and sustainable business development in the companies we invest in and to make value-generating transactions. Ratos’s portfolio consists of 21 medium-sized Nordic companies and the largest segments in terms of sales are Construction, Industrials and Consumer goods/Commerce. Ratos is listed on Nasdaq Stockholm and has a total of approximately 16,000 employees.

Categories: News


Jacobs Douwe Egberts makes a pre – conditional offer for all of Super Group Ltd for S$1.30 per share in cash , backed by irrevocable commitments representing 60 % of shares issued

Singapore –Nov 3,2016 –
Super Group Ltd (SGX : S10.SI) (“SuperGroup”) and Sapphire Investments BV (“Sapphire”), an indirect wholly owned subsidiary of Jacobs Douwe Egberts BV (“JDE”),today announced that Sapphire has made a pre-conditional offer to acquire all the issued shares of SuperGroup,supported by irrevocable commitments received from
shareholders representing 60% of SuperGroup’s issued shares to tender their shares in the offer.This includes an
irrevocable commitment from YHS Investment,holding 11.69% of Super Group’s issued shares,whose undertakingto accept is subject to approval of its shareholders.

The offer will be at a price of S$1.30 per share or a total aggregate consideration of approximately
S$1.45 billion. The offer price represents a premium of:
approximately 34.0% over the last traded price per share as quoted on the Singapore Exchange on October 31
,2016, the date on which the shares were last traded on the Singapore Exchange prior to the trading halt on the shares which was called on October 31,2016;


approximately 62.6% over the volume weighted average share price of Super Group for the three month period ending
October 4, 2016, the last trading day of the shares prior to the date on which a query regarding trading activity was received on October 5, 2016 by Super Group from the Singapore Exchange.

The commencement of the offer is subject to the receipt of regulatory approvals.
The offer will be conditional upon Sapphire receiving more than 50%of Super Group’s issued shares being tendered
in acceptance of the offer. If Sapphire acquires 90% of the issued shares pursuant to the offer,
Sapphire intends to exercise its right to compulsorily acquire the remaining shares and privatise Super Group.

About Super Group.
Founded in 1987, the Company is a leading pan-Asian integrated instant food and beverage brand owner and manufacturer. Under its core Branded Consumer segment, the Company and its subsidiaries manufacture and distribute branded consumer products, primarily instant coffee and tea,
instant tea mixes and instant cereals, with a portfolio of over 160 instant beverage
and food products distributed in over 65 countries under multiple iconic brands such as
Super, Essenso, OWL and Nutremill. Under its complementary Food Ingredients segment, the
Company is one of the few companies in the world with raw material selection and manufacturing
capabilities in non-dairy creamer, instant soluble coffee powder and cereal flakes.
Super Group currently operates 15 state -of-the- art manufacturing facilities located in China, Malaysia, Myanmar,
Singapore, Thailand and Vietnam.

Categories: News


IK Investment Partners to acquire ZytoService


IK Investment Partners (“IK”) is pleased to announce that the IK VIII Fund has reached an agreement to acquire ZytoService Group (“ZytoService” or “the Company”), a leading compounder of pharmaceuticals for patient-individualised infusions, from the founders and Capiton. Financial terms of the transaction are not disclosed.

Founded in 2002, ZytoService is one of the largest industrially organised §13 AMG (‘Arzneimittelgesetz’) certified compounders for patient-individualised infusions applied mainly in oncology treatment in Germany. The Company is based in Hamburg, where it runs a state-of-the-art compounding facility.

“We are delighted to be working with IK going forward. ZytoService operates in an industry in which IK has extensive expertise, and with their support we will be well placed to further expand our competence and provide the best service to our customers,” said Enno Scheel, Co-Founder of ZytoService.

“We firmly believe in the strengths of partnering with IK. Together, we will continue investing in the business to better address the growing demands of the German healthcare market,” added Thomas Boner, Co-Founder of ZytoService.

Mr Enno Scheel and Mr Thomas Boner, Co-Founders and Co-CEOs of ZytoService will remain with the business in managerial roles, and will be shareholders alongside IK.

“Thanks to IK’s experience in the relevant sector, we quickly recognised ZytoService’s potential. We look forward to backing the management team and expanding the Company’s operational capabilities. We believe ZytoService is ideally positioned to develop further and provide highest quality services to its customers,” said Detlef Dinsel, Managing Partner at IK and advisor to the IK VIII Fund.

Completion of the transaction is subject to custom legal and regulatory approvals.

ZytoService will be the second investment of the 2016 established IK VIII Fund.

Categories: News


EQT Infrastructure II to acquire CHEP Aerospace Solutions from Brambles


EQT Infrastructure II to acquire the global leader in pooling, management, maintenance and repair of unit load devices for the aviation industry

Existing leadership team to remain in place and CHEP Aerospace Solutions to be rebranded to have its own unique identity

EQT Infrastructure committed to actively support the development of CHEP Aerospace Solutions through an industrial board of directors including senior leaders with aviation expertise

EQT Infrastructure II (“EQT Infrastructure” or “EQT”) has announced today to acquire CHEP Aerospace Solutions (the “Company”) from Brambles, a global supply-chain logistics provider. CHEP Aerospace Solutions is the global leader in pooling, management, maintenance and repair of unit load devices (ULDs) for the aviation industry. ULDs are containers and pallets used for transportation of cargo and baggage on aircraft and constitute a mission critical part of the aviation infrastructure.

CHEP Aerospace Solutions was established by Brambles in 2011 following the acquisition and integration of four leading ULD solutions companies. Through subsequent acquisitions and Brambles’ pooling expertise, the Company has become the global leader in pooling, management, maintenance and repair of ULDs for the aviation industry. Today, the Company generates around USD 80 million in revenues, owns and manages approximately 100,000 ULDs, and serves more than 90 airlines across an unparalleled network of 48 global services centers and 420 airports, supported by over 550 expert team members. EQT will support the continued development of CHEP Aerospace Solutions and will actively assist the company in capturing new growth opportunities.

The existing CHEP Aerospace leadership team will remain in place and will continue to focus on providing its world class customer service and delivering the very best solutions that create sustainable value for its clients. The Company is headquartered in Switzerland, along with regional operations centers in the United Kingdom, Thailand and the USA, in addition to global services centers in Europe, Middle East and Africa, Asia Pacific and the Americas. As part of the transaction, CHEP Aerospace Solutions will eventually be rebranded to have its own unique identity.

CHEP Aerospace Solutions President, Dr. Ludwig Bertsch, said: “We would like to place on record our thanks to the Brambles team whose support and expertise has enabled us to develop the world’s leading ULD management network. We are excited to join EQT Infrastructure, one of the world’s most respected infrastructure funds, which combines the very best people with the industry expertise in infrastructure management that will allow us to continue to grow and provide smarter solutions and unparalleled customer service to the aviation industry.”

Ulrich Köllensperger, Director at EQT Partners and Investment Advisor to EQT Infrastructure, said: “CHEP Aerospace Solutions provides critical infrastructure and services to the aviation industry and fits well with the EQT Infrastructure strategy of investing in medium sized operating infrastructure companies with opportunities for additional growth and development. The Company has a proven business model, an impressive customer base and a promising pipeline of prospective airline clients. The industrial board of directors including senior leaders with aviation expertise will support CHEP Aerospace Solutions in growing its asset base and offer pooling, management, maintenance and repair to more airlines globally.”

Tom Gorman, CEO of Brambles, said: “The launch of CHEP Aerospace Solutions in 2011 was part of Brambles’ strategy of leveraging its asset management and supply chain expertise to deliver value to customers across new industry verticals. Over the past five years, we have built a highly successful global business that now partners many of the world’s leading airlines. We are confident that the future growth of the Aerospace business will be well served under the ownership of EQT Infrastructure which has a dedicated focus on infrastructure and related services, with a proven track record of success. On behalf of everyone at Brambles, I would like to thank the CHEP Aerospace Solutions team for their commitment to becoming the industry-leaders they are today and we wish them every success for the future.”

The transaction is expected to close during November 2016.


Ulrich Köllensperger, Director at EQT Partners, Investment Advisor to EQT Infrastructure, +41 44 266 6800

Kerstin Danasten, EQT Press Contact, +46 8 506 55 334

About EQT

EQT is a leading global private equity group with approximately EUR 30 billion in raised capital. EQT Funds have portfolio companies in Europe, Asia and the US with total sales of more than EUR 15 billion and approximately 100,000 employees. EQT works with portfolio companies to achieve sustainable growth, operational excellence and market leadership.

For further information, please visit:

About CHEP Aerospace Solutions

CHEP Aerospace Solutions owns and manages the world’s largest independent fleet of approximately 100,000 unit load devices (ULDs), for use in the aviation industry, and owns the largest global network for the maintenance and repair of ULDs and galley carts. The company focuses on the outsourced management and associated services for aviation containers, pallets and inflight food service equipment, and serves over 90 airlines through a network of more than 420 airports, 14 regional offices and 48 certified repair stations, supported by more than 550 colleagues.

For further information, please visit

About Brambles

Brambles Limited (ASX: BXB) is a supply-chain logistics company operating primarily through the CHEP and IFCO brands. Brambles enhances performance for customers by helping them transport goods through their supply chains more efficiently, sustainably and safely. The Group’s primary activity is the provision of reusable unit-load equipment such as pallets, crates and containers for shared use by multiple participants throughout the supply chain, under a model known as “pooling”. Brambles primarily serves the fast-moving consumer goods (e.g. dry food, grocery, and health and personal care), fresh produce, beverage, retail and general manufacturing industries, counting many of the world’s best-known brands among its customers. The Group also operates specialist container logistics businesses serving the automotive, aerospace and oil and gas sectors. Brambles has its headquarters in Sydney, Australia, but operates in more than 60 countries, with its largest operations in North America and Western Europe. Brambles employs more than 14,500 people and owns more than 550 million pallets, crates and containers through a network of more than 850 service centres.

For further information, please visit

Categories: News