Latest news with #palletPooling
Gulf Business
02-07-2025
- Business
- Gulf Business
Mubadala announces agreement to invest in Loscam International
Image credit: WAM/Website Abu Dhabi's Mubadala Investment Company has agreed to acquire a 30 per cent stake in Loscam International, a leading provider of pallet pooling and returnable packaging solutions in the Asia-Pacific region. Read- Headquartered in Hong Kong, Loscam operates across 12 markets including Australia, New Zealand, Southeast Asia, and Greater China. The company supplies sustainable logistics and pooling solutions to major players in fast-moving consumer goods, retail, and manufacturing sectors. Founded in 1942, Loscam has built a long-standing reputation for improving supply chain efficiency across the region. The transaction remains subject to customary closing conditions and regulatory approvals.
Zawya
01-07-2025
- Business
- Zawya
Mubadala announces agreement to invest in Loscam International
ABU DHABI - Mubadala Investment Company announced its agreement to acquire a 30 percent stake in Loscam International, a provider of pallet pooling and returnable packaging solutions across the Asia-Pacific region. Mubadala will join the existing shareholder group alongside Trustar Capital, the private equity affiliate of CITIC Capital Holdings Limited; FountainVest, one of Asia's leading independent private equity firms; and Sinotrans Limited, a subsidiary of China Merchants Group. Headquartered in Hong Kong, Loscam operates across 12 countries and regions in Asia-Pacific, including Australia, New Zealand, Southeast Asia, and Greater China. The company provides sustainable, high-quality pooling and logistics solutions to leading players in fast-moving consumer goods, retail, and manufacturing. With a history dating back to 1942, Loscam has established itself as a trusted partner in optimising supply chain operations. The transaction is subject to customary closing conditions, including regulatory approvals.
