Mubadala to Acquire 30% Stake in Loscam International

Abu Dhabi-based investment firm Mubadala Investment Company announced its agreement to acquire a 30% stake in Loscam International, a leading provider of pallet pooling and returnable packaging solutions across the Asia-Pacific region.

Mubadala will join the existing shareholder group alongside Trustar Capital, the private equity affiliate of CITIC Capital Holdings Limited; FountainVest, one of Asia’s leading independent private equity firms; and Sinotrans Limited, a subsidiary of China Merchants Group (CMG).

Headquartered in Hong Kong, Loscam operates in 12 countries and regions throughout the Asia-Pacific, including Australia, Hong Kong SAR, Indonesia, Mainland China, Malaysia, Myanmar, New Zealand, Philippines, Singapore, Taiwan Region, Thailand, and Vietnam.

The company provides sustainable, high-quality pooling and logistics solutions to leading players in fast-moving consumer goods, retail, and manufacturing. Products include wooden pallets, plastic pallets, steel stillage cages with wooden pallets, wooden pallet collars and lids, fresh produce crates, retail ready beverage trays and display pallets, bins, Intermediate Bulk Containers (IBCs), and GPAKs. With a history dating back to 1942, Loscam has established itself as a trusted partner in optimising supply chain operations.

Mubadala manages a diverse portfolio of assets and investments in the United Arab Emirates and abroad, to generate sustainable financial returns for its shareholder, the Government of Abu Dhabi. Headquartered in Abu Dhabi, Mubadala also has offices in Beijing, London, Moscow, New York, Rio de Janeiro, and San Francisco.

The transaction is subject to customary closing conditions, including regulatory approvals.