The sale marks the end of a decade-long investment by KKR, which first acquired Goodpack in 2014 through a privatisation of the then Singapore-listed group. The Lam family is understood to have retained a minority stake following that transaction.
KKR had explored options to exit Goodpack since 2020 and formally put the business up for sale in October 2024. Infrastructure investor I Squared Capital was previously reported as a frontrunner, with Brookfield Asset Management and Apollo Global Management also said to have shown interest.
Founded in 1980, Goodpack leases reusable pallet-sized IBCs. A source said the buyback reflects the family’s belief that Goodpack is entering a new phase of growth as customers redesign supply chains to improve resilience, efficiency, and sustainability.
