Loscam Owners Exploring Sale of Pallet Company in Mega Deal

Monday, 27 May 2024, 07:50
The owners of Loscam, including CMG and Citic, are reportedly mulling over the possibility of selling the pallet company in a deal valued at over US$2 billion. Sources indicate that the company, jointly owned by China Merchants Group, Citic Capital, and Fountainvest Partners, has engaged with several prospective buyers.
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Loscam Owners Exploring Sale of Pallet Company in Mega Deal

Loscam Owners Contemplate Selling Pallet Company

The owners of Loscam, including CMG and Citic, are considering a potential sale of the pallet company valued at over US$2 billion. The company, jointly owned by China Merchants Group, Citic Capital, and Fountainvest Partners, has initiated discussions with various interested parties.

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