{"id":11381,"date":"2026-01-28T05:32:21","date_gmt":"2026-01-28T10:32:21","guid":{"rendered":"https:\/\/www.packagingindustrynews.com\/?p=11381"},"modified":"2026-01-28T05:32:21","modified_gmt":"2026-01-28T10:32:21","slug":"kkr-enters-1-4bn-deal-to-sell-goodpack-stake-back-to-founding-family-report","status":"publish","type":"post","link":"https:\/\/www.packagingindustrynews.com\/?p=11381","title":{"rendered":"KKR enters $1.4bn deal to sell Goodpack stake back to founding family \u2013 report"},"content":{"rendered":"


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I Squared Capital was considered the leading bidder as of July 2025. Credit: Mongkolchon Akesin \/ Shutterstock.com. <\/figcaption><\/figure>\n<\/p><\/div>\n

KKR is divesting its stake in intermediate\u202fbulk container maker Goodpack back to the founding Lam family, valuing the business at $1.4bn, reported the Business Times<\/em>.<\/a><\/p>\n

The private equity company\u2019s decision to divest comes after it explored options for selling the reusable bulk container provider in October 2024, following an earlier attempt in 2020.<\/p>\n

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According to media sources, I Squared Capital was the leading bidder as of July 2025, with Brookfield Asset Management and Apollo Global Management also among the interested parties.<\/p>\n

Established in 1980, Goodpack provides pallet-sized intermediate bulk containers for industries that transport high-value goods by land and sea.<\/p>\n

The company was previously listed on the Singapore Exchange until KKR took it private in 2014<\/a> through an offer of S$2.50 ($1.98) per share, also valuing the company at S$1.4bn at that time.<\/p>\n

The Lam family is understood to have retained a minority holding following the privatisation.<\/p>\n

A person familiar with the transaction said that the move by the Lam family signals its confidence in future growth prospects, especially as businesses reevaluate global supply chains for greater stability and efficiency.<\/p>\n

The source added that during KKR\u2019s tenure, Goodpack expanded its operations and broadened its market presence, with plans said to include further innovation, entering new regions and working more closely with existing clients.<\/p>\n

The source was quoted by the Business Times<\/em> as saying: \u201cWith control back in family hands, the focus is firmly on building a larger, more valuable global platform over the long term, rather than pursuing near-term exits, signalling that the most ambitious chapter of growth is still to come.\u201d<\/p>\n

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