KKR enters $1.4bn deal to sell Goodpack stake back to founding family – report

KKR is divesting its involvement successful intermediate bulk instrumentality shaper Goodpack backmost to the founding Lam family, valuing the concern astatine $1.4bn, reported the Business Times.

The backstage equity company’s determination to divest comes aft it explored options for selling the reusable bulk instrumentality supplier successful October 2024, pursuing an earlier effort successful 2020.

According to media sources, I Squared Capital was the starring bidder arsenic of July 2025, with Brookfield Asset Management and Apollo Global Management besides among the funny parties.

Established successful 1980, Goodpack provides pallet-sized intermediate bulk containers for industries that transport high-value goods by onshore and sea.

The institution was antecedently listed connected the Singapore Exchange until KKR took it backstage successful 2014 done an connection of S$2.50 ($1.98) per share, besides valuing the institution astatine S$1.4bn astatine that time.

The Lam household is understood to person retained a number holding pursuing the privatisation.

A idiosyncratic acquainted with the transaction said that the determination by the Lam household signals its assurance successful aboriginal maturation prospects, particularly arsenic businesses reevaluate planetary proviso chains for greater stableness and efficiency.

The root added that during KKR’s tenure, Goodpack expanded its operations and broadened its marketplace presence, with plans said to see further innovation, entering caller regions and moving much intimately with existing clients.

The root was quoted by the Business Times arsenic saying: “With power backmost successful household hands, the absorption is firmly connected gathering a larger, much invaluable planetary level implicit the agelong term, alternatively than pursuing near-term exits, signalling that the astir ambitious section of maturation is inactive to come.”

"KKR enters $1.4bn woody to merchantability Goodpack involvement backmost to founding household – report" was primitively created and published by Packaging Gateway, a GlobalData owned brand.

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