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Brambles USA Inc history
Brambles USA Inc company history timeline
From revenues of A$2.3 billion in 1991, the company’s sales were to top A$3 billion by mid-decade.
CHEP launches its Automotive Solutions business in Australia, followed by Europe in 1993.
Yet the recession, and losses from ENSCO, had already begun to hurt the company’s bottom line, and by 1994, Brambles was recording losses of more than A$233 million.
In 1994 the company acquired Leto Recycling, of the Netherlands, then, two years later, Germany’s Mabeg, deepening its waste management capacity on the European continent.
At the same time, it began exporting its Recall document handling subsidiary’s operations, entering Europe and North America, starting in 1994.
In 1998, Brambles acquires Catalyst & Chemical Containers, a specialist provider of pooled container solutions to the petro-chemical industry, and relaunches it as CHEP Catalyst & Chemical Containers.
Huntley, Ian, “Brambles: Blue Ribbon Vanilla,” Australia’s Shares Magazine, December 1999.
These two markets also account for more than half of Brambles’ annual sales, which neared A$5 billion in 2000.
Europe-based industrial services operations in 2000—and a number of divestitures, including its Australian forklift operations, its Italian railcar leasing business, the CAIB Germany subsidiary, and ENSCO, starting in 2000.
In January 2001 the company announced its acquisition of Serviceteam Holdings, a waste management firm present in some 80 local U.K. markets.
Losing money, ENSCO would be put up for sale at the beginning of 2001.
In 2002, CHEP opens the CHEP Innovation Centre in Orlando, Florida, USA, providing an industry-leading packaging and unit-load configuration testing facility.
2003 TCM ExpansionTotal Container Management (TCM) services offered in Europe.
2007 TPM ExpansionFollowing success in the USA, Total Pallet Management (TPM) launches in Europe.
2008 LeanLogisticsBrambles acquires transport management solutions provider LeanLogistics, enhancing CHEP's logistics management capabilities.
2010 UnitpoolBrambles acquires Unitpool, an independent provider of pooled unit-load devices (ULDs), marking CHEP's entry into the aerospace solutions sector.
2011 CAPSBrambles acquires CAPS, a provider of and pooling services for intermediate bulk containers (IBCs) to form an IBC business in the Americas.
2011 European and Latin American ExpansionCHEP expands further in Central & Eastern Europe and Latin America, taking the total number of countries in which it provides equipment pooling solutions to more than 50.
2014 TranspacBrambles acquires Transpac, German dry goods IBC pooler and Ferguson Group, a leading provider of container logistics solutions for the offshore Oil & Gas sector.
In 2015, CHEP introduces customer solutions portfolio.
2015 IFCO JapanBrambles acquires the remaining 2/3 of IFCO Japan.
2016 Hoover-Ferguson Group LaunchedIn November 2016, Brambles and Hoover Container Solutions created the Oil and Gas and chemical containers joint venture, Hoover-Ferguson Group.
The on-market share buy-back commenced on 4 June 2019 and to date 91,697,878 ordinary shares have been bought back and cancelled for a total consideration of A$1,049.7 million.
On 22 October 2019, Brambles paid a 29.0 AU cents per share pro‑rata cash return comprising two components: a capital return of 12.0 AU cents per share and a special unfranked dividend of 17.0 AU cents per share.
The final dividend for 2020 of 9.0 US cents per share, is in line with the 2020 interim dividend and will be 30% franked.
"Brambles Industries Limited ." International Directory of Company Histories. . Retrieved June 16, 2021 from Encyclopedia.com: https://www.encyclopedia.com/books/politics-and-business-magazines/brambles-industries-limited
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Brambles USA Inc competitors
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| A. Rifkin Co. | 1892 | $10.0M | 100 | - |
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| Pulse Beverage | 2006 | $2.6M | 10 | - |
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