The Distillery: Brambles' binary benefits

Scribes say the pallet company's Recall split is a wise move, with one arguing patience is a virtue when it comes to demergers.

Demergers don’t always work. Then again, trade sales aren’t a sure bet either. Pallet company Brambles has decided to demerge its US document management business Recall after failing to find a buyer for the business. The circumstances under which the company finds itself today are slightly different to when the sale efforts were launched, but the business commentators agree that splitting pallets and document management apart still makes absolute sense.


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