Country for PR: United Kingdom
Contributor: PR Newswire Europe
Wednesday, March 02 2022 - 01:30
AsiaNet
IFCO Japan acquires Sanko Lease's reusable container pooling services business
PULLACH, Germany, Mar. 1 /PRNewswire-AsiaNet/ --

- Through the acquisition, IFCO Japan will become the leading provider of 
Reusable Packaging Containers (RPCs) for fresh grocery products in Japan 
further promoting sustainability and its business model based on the principle 
of circular economy. At the same time, IFCO Japan and Sanko Group have entered 
into a long-term strategic cooperation for the Japanese market. 

IFCO, the world’s leading provider of Reusable Packaging Containers (RPCs) for 
fresh grocery products, today announced the acquisition completion of the RPC 
pooling services business of Sanko Lease, via its wholly-owned subsidiary IFCO 
Japan. The acquired business will be transferred to IFCO Japan and succeeded by 
IFCO Oricon Co., Ltd, which will start operations effective March 1, 2022. 
Through the acquisition of the business, IFCO Japan will significantly increase 
its pooling asset base and service center network and will become the largest 
RPC pooling provider in the fresh grocery supply chain in the Japanese market. 
Customers will benefit from the combined global and local experience and 
resources of IFCO and Sanko Lease. In addition to offering nationwide coverage, 
more service centers and a broader product and service portfolio, the increased 
business scale will allow IFCO Oricon to develop and implement solutions to 
reduce lead-times, improve RPC availability as well as streamline ordering and 
invoicing systems. 

Michael Pooley, CEO of IFCO Group, said: "We are delighted about this strategic 
transaction and the long-term partnership with Sanko Group. In addition, we are 
excited to see how bringing these two great businesses together will help IFCO 
continue its mission to make the Japanese fresh grocery supply chain 
sustainable."

Please find the full announcement as well as images here: 
https://bit.ly/3swXDcu 

Contact:
Daniela Carbone
VP - Global Marketing 
Daniela.Carbone@ifco.com
+49 (0) 89/9938-8751

Source: IFCO Systems