Latham & Watkins Advises Triton on Stonepeak's Acquisition of Co-Control Stake in IFCO

Latham & Watkins LLP has advised the existing investors on the sale of an approximately 50% co-controlling stake in IFCO Group to infrastructure investor Stonepeak, as well as Triton, a leading European mid-market sector-specialist investor, in its reinvestment in the IFCO Group. IFCO Group is a global leader in reusable packaging solutions for fresh foods. 

Triton’s current co-investor in the IFCO Group, a wholly owned subsidiary of the Abu Dhabi Investment Authority, will exit IFCO Group upon closing while Triton will continue as a committed partner to the company by way of a reinvestment. The transaction is subject to customary regulatory approvals and is expected to be completed in the fourth quarter of 2025.

The Latham team was led by Frankfurt corporate partners Oliver Felsenstein and Leif U. Schrader, with Frankfurt partners Susanne Decker, Alexander Stefan Rieger, London partner Linzi Thomas, and associates Joscha Müller, Sonja Hensch, Sönke Bock, Alexander Belk, Oliver Jans, Andreas Wolf, Nick Fisher, Catherine Fellows, Venice Ma, José Luis Bootello, and Océane Loureiro. Advice was also provided on tax matters by Munich partner Stefan Süss; on antitrust matters by Frankfurt partner Max Hauser, with counsel Nils Bremer and associates Friederike Hammwöhner and Bernie Archbold; on finance matters by Frankfurt partner Alexandra Hagelüken, with counsels Rainer Adlhart and Cora Grannemann; on IP matters by Frankfurt partner Susan Kempe-Müller; on regulatory matters by London partner Charles Claypoole, with Frankfurt counsel Joachim Grittmann and associate Maxim Glusdak; on data privacy matters by associates Clemens Ganz and Judith Sikora; on employment matters by Munich partner Kristina Hufnagel, with associate Joseph Goddard; and on real estate matters by Frankfurt counsel Sven Nickel, with associates Sebastian von Hornung and Costa Thrasyvoulou.