BXB 0.55% $14.43 brambles limited

I see today re; Loscam"Hong Kong-based conglomerate China...

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    I see today re; Loscam

    "Hong Kong-based conglomerate China Merchants Group has acquired Australian pallet maker Loscam Ltd, Locam said in a statement on Monday.

    The business was sold by private equity group Affinity Equity Partners for an undisclosed sum.

    Loscam makes and hires out wooden and plastic pallets, and is a competitor to listed Brambles Ltd, the world's top pallet supplier. The company, based in Australia, has 11 offices throughout Asia."

    ...for interest not sure if any effect on BXB?
 
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