Brambles bets on energy with its Ferguson buy

A strategic move in buying UK-based container supplier Ferguson Group will be a neat fit for Brambles as looks to diversify its earnings base and build its presence in a high-growth market.

When Brambles demerged its Recall information management business it finally shed the last vestiges of its conglomerate past. The query over the continuing group was whether it could generate anything other than incremental growth from its pallet-dominated “pooling solutions” business.

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