Brambles merges CHEP China with Loscam in $197 million deal

Brambles is merging its CHEP China pallets business with rival Loscam in a US$132 million ($197 million) deal. Brambles will hold a 20% stake in the enlarged entity, which will have 20 million pallets and one million automotive containers.

“Brambles is merging its CHEP China pallets business with rival Loscam in a US$132 million ($197 million deal) and will become a small shareholder in the bigger entity.”afr.com

• 1 source
• afr.comM&A: Brambles mergers CHEP pallets with China’s Loscam to grow pallets businessSimon EvansNov 27, 2022

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