POELLATH advises management of IFCO Group on sale to Stonepeak
Stonepeak, an alternative investment firm specializing in infrastructure and real assets investing in resilient businesses globally, has acquired an approximately 50% co-controlling stake in IFCO Group, a global provider of reusable packaging solutions for fresh foods which helps customers engage in the circular economy across 50+ countries, from a wholly-owned subsidiary of the Abu Dhabi Investment Authority (“ADIA”). The transaction was carried out alongside existing majority shareholder Triton Partners, which will retain a co-controlling interest in IFCO.
POELLATH provided legal and tax advice to the management of IFCO on the management participation in connection with the sale with the following Munich team:
- Dr. Benedikt Hohaus (PICTURED, partner, lead, management participation, M&A/PE)
- Dr. Nico Fischer (partner, tax)
- Michael Schwarz (senior associate, tax)
- Ida Süss (associate, management participation, M&A/PE)
- Natalie Tafelski (associate, management participation, M&A/PE)
