Tokyo (Japan) / Pullach (Germany), 1 March 2022
Customers will benefit from the combined global and local experience and resources of IFCO and Sanko Lease. In addition to offering nationwide coverage, more service centers and a broader product and service portfolio, the increased business scale will allow IFCO Oricon to develop and implement solutions to reduce lead-times, improve RPC availability as well as streamline ordering and invoicing systems. Improvements in reverse logistics and transportation efficiency will provide additional benefits and allow customers to reduce the environmental impact of their operations.
Michael Pooley, CEO of IFCO Group, said: 'We are delighted about this strategic transaction and the long-term partnership with Sanko Group. In addition, we are excited to see how bringing these two great businesses together will help IFCO continue its mission to make the Japanese fresh grocery supply chain sustainable.'
At the same time, IFCO Japan and Sanko Group have entered into a long-term strategic partnership for the Japanese market. Both companies see this cooperation as an opportunity to extend their respective market leading positions.