Loscam introduces new strategic shareholders.

Photography of completed project

China Merchant Loscam has successfully introduced two new strategic shareholders, CITIC Capital Holdings Ltd. And FountainVest Partners. This comes following the completion of the restructuring of state-owned enterprises mixed ownership reform. China Merchants Group fully acquired Loscam in 2010 and has helped Loscam on its way to becoming Asia-Pacific’s largest pallet pooling company.
The decisions to restructure and introduce new shareholders is a major strategic decision to further strengthen the ownership structure of Loscam and prolong successes. The new investors bring new knowledge and experience that will support the company’s long-term expansion plans. Although the company’s day to day operations will continue as per usual, a new board of directors will spearhead decision making.