IFCO SYSTEMS acquires STECO Group

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IFCO SYSTEMS today announces that it has signed an agreement on the
acquisition of all of the shares of STECO Holding GmbH and its
subsidiaries. STECO is one of Europe's notable service providers for
reusable plastic container (RPC). In 2007 STECO generated revenues of
US $66.0 million.

The completion of the acquisition is subject to merger clearance as
well as certain other closing conditions.

"The acquisition of the STECO group is a perfect strategic move for
IFCO and underscores our commitment to the European RPC market and
makes IFCO the market leader and driving force in the European
industry. We are excited about the STECO organization and welcome
them to the IFCO group. Both organizations will enhance synergies to
the benefit of our customers", said Karl Pohler, Chief Executive
Officer, IFCO SYSTEMS N.V..

"Becoming a part of the IFCO group will encourage the STECO team to
continue investing in and adding customer value. As part of the IFCO
organization we will make use of complementary strategies in front
and back office functions to further increase service levels to even
more cope with increasing customer demand." said Wolfgang Putzinger,
Chief Executive Officer of STECO.

The acquisition will be funded by IFCO's own cash resources and a
sellers note.

IFCO SYSTEMS is listed on the Frankfurt stock exchange and is
indirectly majority owned by funds advised by Apax Partners Worldwide
LLP. IFCO SYSTEMS is an international logistics service provider with
more than 180 locations worldwide. IFCO SYSTEMS operates a pool of
more than 85 million Reusable Plastic Containers (RPCs) globally,
which are used primarily to transport fresh produce from producers to
leading grocery retailers. In the United States, IFCO SYSTEMS also
provides a national network of pallet management services. With more
than 100 million pallets sorted, repaired and recycled annually, IFCO
SYSTEMS is the market leader in this industry. In 2007, IFCO SYSTEMS
generated revenues of US $692.5 million.

For more information, contact:

Michael W. Nimtsch
Chief Financial Officer
IFCO SYSTEMS
Zugspitzstr. 7
82049
Pullach
089.74491.121
Michael.nimtsch@ifco.de

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IFCO Systems N.V.
Zugspitzstraße 7 Pullach

WKN: 157670; ISIN:
NL0000268456 ; Index: CLASSIC All Share, Prime All Share;
Listed: Amtlicher Markt in Frankfurter Wertpapierbörse, Freiverkehr
in Bayerische Börse München,
Freiverkehr in Hanseatische Wertpapierbörse zu Hamburg, Freiverkehr
in Börse Düsseldorf,
Prime Standard in Frankfurter Wertpapierbörse;