IFCO SYSTEMS Announces Extension of Service Agreement with SMA SPA in Italy
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Press release date: December 18, 2007
Pullach, December 18, 2007 - IFCO SYSTEMS announces, that SMA SPA, Milano, a company of the Auchan group and one of the leading retailers in Italy, has signed a long term agreement to extend the business relationship with IFCO SYSTEMS as their exclusive RPC service provider for fruits and vegetables. Furthermore, the parties have agreed to jointly develop and implement additional reusable packaging solutions for fresh food products.
Karl Pohler, CEO of IFCO SYSTEMS: "We are very happy that SMA Italy has decided to continue our business relationship and additionally gives IFCO the opportunity to implement further reusable packaging solutions within their organisation."
IFCO SYSTEMS is an international logistics service provider with more than 180 locations worldwide. IFCO SYSTEMS operates a pool of more than 83 million Reusable Plastic Containers (RPCs) globally, which are used primarily to transport fresh produce from producers to leading grocery retailers.
In the United States, IFCO SYSTEMS also provides a national network of pallet management services. With more than 100 million sorted, repaired and reissued wooden pallets annually, IFCO SYSTEMS is the market leader in this industry. In 2006, IFCO SYSTEMS generated revenues of US $647 million.