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IFCO Systems Announces Strategic Acquisition of BEPCO; Michael Pooley and Margus Ärm Comment

IFCO Systems Announces Strategic Acquisition of BEPCO; Michael Pooley and Margus Ärm Comment


MUNICH, GERMANY
Thursday, February 22nd, 2024

Acquisition news heralds the latest from IFCO Systems as it completes the successful acquisition of BEPCO, a reusable packaging pooling company based in Estonia.

Michael Pooley, Chief Executive Officer, IFCO Systems"This strategic partnership allows us to deliver even greater value to our customers by leveraging the strengths of both organizations. IFCO and BEPCO share a strong commitment to innovation and sustainability. Together, we will continue to innovate, promote sustainability, and provide the high-quality packaging solutions our customers expect," explains Michael Pooley, Chief Executive Officer of IFCO.

According to a press release, BEPCO operates a thriving meat and dairy crate pool in the Baltics. This acquisition of BEPCO enables IFCO to expand its market presence and diversify its product portfolio in the region.

Margus Ärm, Chief Executive Officer, BEPCO"With BEPCO becoming part of the IFCO family, we are strategically well-positioned for the future. I am confident that this collaboration will bring about significant benefits for our customers, employees, and stakeholders,” says Margus Ärm, BEPCO’s Chief Executive Officer. “By combining our expertise, we look forward to contributing to a more sustainable future and customer-centric approach. And together, we will advance the technological development of the pooling solutions, broaden our geographical footprint, and elevate the supply chain to the next level.”

With BEPCO at its side, IFCO aims to leverage the combined expertise, resources, and technological capabilities of both organizations to deliver enhanced value to customers. Together, the two companies will be positioned to address the evolving needs of customers in the Baltics.

IFCO has announced the successful acquisition of BEPCO, a reusable packaging pooling company based in Estonia

BEPCO will continue to operate under its own brand in the region but now its customers will benefit from IFCO´s long-standing global expertise in providing reusable packaging in a sustainable circular economy model.

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