Triton Said to Explore Options for Plastic Container Firm IFCO

  • Buyout firm is speaking with advisers as it weighs options
  • Triton, ADIA bought IFCO in a $2.5 billion deal in 2019
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Buyout firm Triton is exploring options for its plastic container business IFCO, which could be valued at about €5 billion ($5.4 billion) in a deal, according to people familiar with the matter.

The European private equity firm could choose advisers in the coming weeks to help review exit alternatives including a partial or full sale of the business, the people said. Triton may also consider a listing of IFCO, with any deal only likely to happen next year, the people said, asking not to be identified as the matter is private.