CITIC Capital Partners buys 33% stake in China Merchants Loscam from Sinotrans

The China buyout fund CITIC Capital Partners acquired a 33% stake in China Merchants Loscam, a pallet and returnable packaging pooling provider, from Sinotrans. Sinotrans retains a 45% stake. Financial terms were not disclosed.

“The China buyout fund of CITIC Capital Partners has acquired a 33% stake in China Merchants Loscam from Sinotrans.”packaging-gateway.com

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