The Ferguson Group has been acquired by Brambles Limited for an enterprise value of £320 million.
Brambles Limited is a supply-chain logistics company operating in more than 50 countries, primarily through the CHEP and IFCO brands. The Group specialises in the pooling of unit-load equipment and associated services, focusing on the outsourced management of pallets, crates and containers.
Brambles primarily serves the consumer goods, dry grocery, fresh food, retail and general manufacturing supply chains. In addition, Brambles owns specialist businesses serving the automotive, aviation and refining sectors. Brambles employs more than 14,000 people and owns approximately 470 million pallets, crates and containers through a network of approximately 850 service centres.