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CHEP Sells USA Reusable Plastic Container Assets to GAIT Packaging Ltd.


ORLANDO, Fla. -- GAIT Packaging, Ltd., has agreed to purchase the USA Reusable Plastic Container (RPC (Remote Procedure Call) A programming interface that allows one program to use the services of another program in a remote machine. The calling program sends a message and data to the remote program, which is executed, and results are passed back to the calling ) assets from CHEP CHEP Cricohyoidoepiglottopexy
CHEP Computers in High Energy Physics (Conference)
CHEP Commonwealth Handling Equipment Pooling (CHEP Inc.) 
, the global leader in transport equipment pooling solutions. The agreement, announced today by both CHEP and GAIT, is effective October 15, 2005.

GAIT Packaging, with expertise in perishable round trip container support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services  for its current customers, will immediately begin servicing growers and retailers previously supported by CHEP. The purchase price was not disclosed.

"We are excited to start servicing our new customer base with the high quality products and attention to detail our existing customers have come to expect from GAIT," said Bill Griggs Dr William 'Bill' Griggs AM, who began his medical career in 1976 as a road ambulance officer, has been deployed, as either a Royal Australian Air Force Specialist reservist or a civilian, to manage evacuations and tend to victims in dozens of disasters including both the Bali , President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , GAIT Packaging, Ltd. "The combination of our dedicated fleet of reefer reef·er
n.
Marijuana, especially a marijuana cigarette.
 transport vehicles, our hygiene expertise and our customer focus enables us to set ourselves apart as the company to rely on in the fresh produce industry."

Griggs added that GAIT Packaging is committed to ensuring a seamless transition and business as usual for our new customers. CHEP management is supporting this effort.

"CHEP is pleased to transition all USA RPC's and related Service Center assets to GAIT Packaging, which will build on the foundation we established for this emerging market segment over the last seven years," said Dave Mezzanotte, COO of CHEP. "The sale of the RPC assets in the USA allows CHEP to further dedicate itself to ensuring our pallet customers receive the best value and service possible and CHEP USA's other container businesses will continue to get the capital necessary to grow and develop."

About CHEP

CHEP, a Brambles company, is the global leader in pallet and plastic container pooling services serving many of the world's largest companies. With Americas headquarters in Orlando, the company has more than 7,700 employees in 42 countries. Combining superior technology, over five decades of experience and an asset base of more than 265 million pallets and containers, CHEP handles pallet and container supply chain logistics for customers in the consumer goods consumer goods

Any tangible commodity purchased by households to satisfy their wants and needs. Consumer goods may be durable or nondurable. Durable goods (e.g., autos, furniture, and appliances) have a significant life span, often defined as three years or more, and
, produce, meat, home improvement, beverage, raw materials and automotive industries. With global partners that include Procter & Gamble, SYSCO SYSCO Systems and Services Company , Kellogg's, Kraft, Nestle, Ford and GM, CHEP is known for Handling the World's Most Important Products. Everyday. For more information about CHEP, please visit: www.chep.com.

About GAIT Packaging

GAIT Packaging, Ltd, a division of GAIT Holdings, is a leading logistics and reusable plastic container services company with expertise in the transportation business as well as the meat and poultry reusable plastic container market segments. Services include transportation and closed loop movements reusable plastic containers of meat and poultry products between producers, retailers and foodservice customers.
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Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 19, 2005
Words:432
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