Hot!Brambles Sells CHEP Recycled

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Chaille Brindley
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2018/01/09 19:37:58 (permalink)

Brambles Sells CHEP Recycled

Announcement by Brambles about sale of its whitewood business. I am curious what people think and know about this new owner.
 
http://news.iguana2.com/brambles/ASX/BXB/1059260
 
-Chaille Brindley of the PE Staff 
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    hysch
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    Re: Brambles Sells CHEP Recycled 2018/03/06 00:27:04 (permalink)
    Grey Mountain Partners mode of operation is to buy companies, raise the value of them and sell them back off. I just don't know if there is any blood left to squeeze out of this turnip. 
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    YensidJDG
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    Re: Brambles Sells CHEP Recycled 2018/03/12 16:43:40 (permalink)
    hysch
     I just don't know if there is any blood left to squeeze out of this turnip. 



    The way I see it is that CHEP converted as many white wood locations to rental as they could with the purchase and then dumped the castoff's when they couldn't overcome the culture clash.  If Grey Mountain is able to install proper business sense into the culture and stop the make the sale at any cost mentality, they may be able to derive value from operational efficiencies and smart pricing strategies.

    -yensid
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