IFCO Systems N.V. Publishes Position Statement Pursuant to Article 18 Paragraph 2 and Annex G of the Decree Public Offers (Besluit openbare biedingen Wft)
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Amsterdam, the Netherlands, January 5, 2011 - With reference to the press release dated 14 November 2010 in which it was stated that Brambles Investment Limited announced its intention to make a voluntary public tender offer to the shareholders of IFCO Systems N.V., the Board of Managing Directors of IFCO Systems N.V. announces that it has published the position statement of IFCO Systems N.V. regarding the recommended public offer (cash offer) by Brambles Investment Limited as required pursuant to Article 18 paragraph 2 and Annex G of the Decree Public Offers (Besluit openbare biedingen Wft).
The position statement provides, inter alia, in writing the financial and non-financial considerations of the Board of Managing Directors and Supervisory Board of IFCO Systems N.V. with regard to the public offer by Brambles Investment Limited as laid down in the Offer Document to the shareholders of IFCO Systems N.V. published on December 23, 2010.
Copies of the position statement of IFCO Systems N.V. are available at ifcosystems.com and can be obtained free of charge by contacting IFCO Systems N.V. (c/o IFCO Systems GmbH, Dr. Michael W. Nimtsch, Zugspitzstr. 7, 82049 Pullach, Tel. +49 89 74491 121, Fax: +49 89 74491 239).
IFCO is an international logistics service provider with more than 210 locations worldwide. IFCO operates a pool of almost 112 million Reusable Plastic Containers (RPCs) globally, which are used primarily to transport fresh produce from growers to leading grocery retailers. In the United States, IFCO also provides a national network of pallet management services. IFCO is the market leader in this industry with almost 200 million pallets sorted, repaired and recycled annually.
WORLDWIDE RESPONSIBILITY is an IFCO initiative, under which IFCO not only continues to assume its social and environmental responsibility but, working with strong project partners, expands its sphere of responsible activities. With the initiative's first social-engagement project, IFCO supports Food Banks worldwide in their honorable effort to provide food to the needy through the provision of reusable containers and by co-financing delivery vehicles.
Dr. Michael W. Nimtsch
IFCO SYSTEMS N.V.
Tel: +49 89 744 91 121
Fax: +49 89 744 91 239
Email: Michael.Nimtsch@ifco.de
ifco.com
www.worldwide-responsibility.com
