# Morrison completes 50% stake purchase in Pact Group crate pooling business, forming Viscount Reuse

Pact Group and Morrison & Co completed the sale of a 50 per cent stake in Pact's Crate Pooling business to Morrison, creating the 50/50 joint venture Viscount Reuse for reusable plastic packaging crates in Australia and New Zealand.

- Type: Acquisition
- Announced: 2023-12-01
- Where: Australia and New Zealand, Australia
- Status: completed
- Products: reusable plastic crates, bins, megabins
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Pact Group](https://endata.com/companies/2510.md) (partner)
- [Morrison & Co](https://endata.com/companies/11292.md) (investor)
- [Viscount Reuse](https://endata.com/companies/11293.md) (target)

## Sources

- [pactgroup.com](https://pactgroup.com/news/pact-group-and-morrison-complete-deal-for-crate-pooling-business/), 2023-12-01: "have completed the sale of a 50 per cent stake in Pact's Crate Pooling business to Morrison on behalf of its investors, to form a new joint venture."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.