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.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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