Apax eyes billion € Ifco sale
Ifco specializes in plastic reusable containers used for the transport of fresh produce farms grocery retailers. In 2009, the company generated revenues of $736 (£ 460 m).
Apax was executed quietly a process for the sale of the company and a deal could be announced next week, said sources familiar with the matter.
Logistics giant Australian Brambles is lead bidder in the auction, which is managed by the Deutsche Bank and Merrill Lynch.On believes that UBS bankers advise Brambles.
Buyout firms - such as Cinven, Bridgepoint and Triton - also held talks on the acquisition of Ifco, said sources.
Apax has refused to comment.
In the meantime, u.s. private equity group Blackstone purchased Friday Pulse staffing - agency recruiting for physicians, nurses and social workers — average redemption company Hg Capital market.
Blackstone should combine pulse with ICS, a rival healthcare recruitment agency bought for 110 m £ this summer.
Redemption fund also studies supported by the State professional NHS, who said he was put on sale.
Health staffing sector recently seen a round of consolidation in the buyout firms seek to exploit an industry should generate £ billion in annual revenue.
Indeed, Acromas - the owner of the AA and the saga - has also sought to enter the staffing industry santé.Il care is currently in talks to buy Nestor health and health care.
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