IFCO co-control stake acquisition
Stonepeak →Stonepeak agreed in July 2025 to acquire approximately 50% of IFCO from an ADIA subsidiary, with joint and equal governance alongside continuing investor Triton. Stonepeak's current portfolio page dates the investment to December 2025. IFCO operates a reusable fresh-food packaging network with over 400 million containers, around 140 service centers and more than 2.5 billion annual shipments. Its system connects approximately 18,000 growers with more than 300 retailers across over 50 countries. Citi advised Stonepeak and Kirkland & Ellis acted as counsel. Purchase consideration was undisclosed. A September 2026 Moroccan competition notification is later than the portfolio investment date and requires review before assuming every jurisdiction's approval chronology.