CVC Capital in talks with Australia’s Brambles as logistics assets remain hot

SYDNEY — One of the world’s largest suppliers of wooden pallets for transporting goods in the supply chain has been targeted by European private equity firm CVC Capital Partners.

Brambles Ltd., which has a market value of about $11.4 billion, said on Monday that it was in early talks with CVC about a deal that would represent the latest push by private equity firms. core own supply chain repair and logistics companies frayed by the Covid-19 pandemic. The Australian listed company has a large North American business, supplying pallets to more than 24,000 retailers.

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