IFCO Systems

IFCO SYSTEMS awarded as “Best Performer of the Circular Economy” by CONFINDUSTRIA

Share

The prestigious award confirms IFCO’s worldwide commitment to the concept of “Share and Reuse” in order to reduce environmental impact and make the entire supply chain more sustainable

IFCO SYSTEMS, the leading global provider of reusable packaging solutions for fresh foods, has won the award as “Best Performer of the Circular Economy” by CONFINDUSTRIA, the main association representing manufacturing and service companies in Italy. The renowned award proves IFCO’s worldwide commitment to protecting the environment.

The award aims to enhance the value of companies committed to seizing the spirit and business opportunities offered by the circular economy throughout the complete production cycle – from procurement to design, production, distribution, and consumption, to recovery and recycling.

CONFINDUSTRIA has recognized the value of IFCO’s logistics management model, the IFCO SmartCycle™. This circular economy model is based on the principle of “Share and Reuse” to guarantee maximum functionality and hygiene throughout the complete fresh foods supply chain. The IFCO SmartCycle™ uses Reusable Plastic Containers (RPCs) that are delivered directly to the supplier. From there, the containers are transported to the distribution center, the retailers, and then back to the IFCO collection and washing centers. In the washing centers, the empty RPCs are inspected, cleaned, disinfected and prepared for the next cycle. In addition, the IFCO RPCs are foldable, reducing bulk and thus optimizing transport and storage with an additional positive impact on the environment.

Please find the complete press release at https://www.ifco.com/en/press-releases/best-performer-circular-economy-award

Images can be found at http://presse.hbi.de/pub/IFCO/Confindustria/

Contacts

HBI Helga Bailey GmbH
Stefan Schmidt
Tel.: +49 (0)89993887-47
ifco@hbi.de

About IFCO Systems

IFCO Systems
IFCO Systems



Subscribe to releases from IFCO Systems

Subscribe to all the latest releases from IFCO Systems by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from IFCO Systems

IFCO acquisition by Triton and ADIA has been finalized3.6.2019 10:54:17 CESTPress release

Munich, June 3, 2019:IFCO SYSTEMS, the leading global provider of reusable packaging solutions for fresh foods, announced that the acquisition by Triton and Abu Dhabi Investment Authority (ADIA) has been finalized on May 31, 2019. The two investment companies acquired IFCO for an enterprise value of US$ 2.51 billion. This makes IFCO a fully independent company, able to act agile and flexibly and to offer the industry’s most efficient and sustainable fresh foods packaging solutions. Brambles, the former parent company of IFCO, acquired IFCO in March 2011. Since then, IFCO has grown to be the global market leader for reusable plastic containers (RPCs) for fresh foods. Today, IFCO has 32 subsidiaries around the world, which serve more than 320 retailers and over 14,000 producers in over 50 countries. The company operates more than 75 service centers and a global pool of over 290 million RPCs which are used in over 1.6 billion shipments of fresh fruits and vegetables, meat, poultry, seafoo

IFCO announces acquisition by Triton for US$ 2.5 billion26.2.2019 15:42:43 CETPress release

Pullach, Germany – 26. February 2019: IFCO SYSTEMS, the leading global provider of reusable packaging solutions for fresh foods, today announced that its parent company Brambles has entered into a binding agreement to sell IFCO to Triton and a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA), for an enterprise value of US$ 2.51 billion. The transaction is subject to customary regulatory approvals and is expected to be completed during the second quarter of 2019. Brambles announced in August 2018 that it intended to pursue a separation via a demerger or sale. Brambles today announced that Triton and a wholly-owned subsidiary of the ADIA, have formed a partnership to acquire 100 percent of IFCO. “This is an exciting step for our business, and we believe it will enhance our ability to strengthen ties with existing customers while driving growth”, said Wolfgang Orgeldinger, CEO of IFCO SYSTEMS. “IFCO is well positioned for its future as an independent company. The acqui