By acquiring PlasticPack, IFCO is entering in the Baltic markets. IFCO Group has been contributing to resource-efficient, circular economy for three decades already. IFCO’s customers have reduced product damage by over 96% and reduced CO2 emissions by up to 60% since switching to IFCO’s products and services based on IFCO’s share-and-reuse supply chain model.
PlasticPack provides an environmentally friendly solution for packaging, allowing the clients of PlasticPack to avoid excess cardboard packages.
This transaction would strengthen the tendencies of transactions in ESG-sensitive industry sectors in Lithuanian market. Our team assisted the client on all the transaction-related matters, due diligence and negotiations regarding the share purchase agreement.