Black Kassel - Snack like Royalty
Aged Cheddar Cheese
Venus Wafers - The Original Mariner Biscut Company - Made simple - Made right
IFCO Sees 16% Growth in One Year

IFCO Sees 16% Growth in One Year


PULLOCH, GERMANY
Thursday, September 8th, 2016

With annual revenues of U.S. $992 million, IFCO touted a 16% spike in year over year growth for the 2016 fiscal year.

Wolfgang Orgeldinger, CEO, IFCO

“Fiscal year 2016 was an incredible year for our company,” said Wolfgang Orgeldinger, CEO of IFCO, in a press release. “This high rate of growth is a testament to the value our customers receive from their use of our products. We are very grateful to all of our customers, suppliers, and employees worldwide for their support.”

A key factor the company credited was the expansion of solutions for fresh products beyond fruit and vegetables and into the deli side of the store, like adoption of IFCO RPCs for meat and eggs and the launch of new solutions for bread and seafood.

Other key highlights attributed to the growth IFCO saw over the last year include:

  • Major new retailer contracts, particularly in Europe
  • Increased use of its RPCs by current retailer customers, which the company said are continuing to see greater efficiencies and product quality benefits through increased supply chain standardization
  • Expansion into new markets via acquisitions of market leading RPC providers in Japan, Chile, and Colombia

“Our customers worldwide are focused on delivering the freshest food to consumers in the most efficient way possible, and we are committed to helping them achieve this,” said Orgeldinger. “Our business is growing because IFCO RPCs reduce costs and environmental impact, and improve product quality and efficiency throughout the supply chain.”

IFCO also invested in new innovations to enhance its service offering to customers, including the launch of the proprietary SmartGuardian™ RPC wash process control technology, a variety of innovative merchandising solutions, its new wood grain RPC for use in an expanded partnership with Walmart US, and peer-reviewed Life Cycle Analysis study comparing IFCO’s RPCs to single-use cardboard boxes.

For next year, the company said that it will continue its strong growth strategy in all markets, as well as introduce a new brand campaign to better align the company’s image with its mission and rapidly-growing, diverse business.

With more information about the global launch of this exciting new step slated for September 13th, stay tuned to Deli Market News for more.

IFCO


Black Kassel - Snack like RoyaltyAged Cheddar CheeseVenus Wafers - The Original Mariner Biscut Company - Made simple - Made right

Have a new product, press release or story idea?

Let us know

In This Story


IFCO is the leading global provider of reusable packaging solutions operating a pool of over 260 million Reusable Plastic Containers (RPCs) in 50+ countries.

Good Food Media Network Releases 2018 Good Food Restaurants™ List

The company releases its annual rating and economic report offering insight into the purchasing practices of chefs and restaurants and their commitment to sustainable sourcing.
View Press Release

Charlotte-Based Hissho Sushi Debuts at Bank of America Stadium for Carolina Panthers’ 2018-2019 Season

The company provides visitors and Panthers fans sophisticated, fresh options like the California Roll, Spicy Tuna Roll, and Crispy Crab Roll.
View Press Release

P3 Named Official Protein Snack of UFC®

UFC® announced a new marketing partnership with Oscar Mayer®.
View Press Release

New Tuscanini Parchment Crackers Bring the Sun-Kissed Taste of Italy to America's Table

Three handmade varieties deliver a sophisticated touch to meals and light snacks.
View Press Release

WCMA Launches Workforce Committee to Address Labor Challenges

The Association's Inaugural Meeting is set for October 23 in Monroe, Wisconsin.
View Press Release

Chris Greer Named Continuous Improvement Manager for Master-Bilt

As Continuous Improvement Manager, Greer will drive operational excellence initiatives and be responsible for developing consistent improvement in the manufacturing operation at Master-Bilt.
View Press Release