Industrial Container Services (“ICS”) is the largest provider of reusable industrial container solutions in the United States. ICS focuses on the retrieval, reconditioning and supply of steel, plastic and fiber drums as well as intermediate bulk containers. As a result of the reconditioning process, the company offers an attractive value proposition, which allows customers to transport products at a substantially lower cost than a new container. From its 49 strategically located facilities across the U.S. and Canada, ICS reconditions close to nine million drums annually and is well-positioned to service its more than 8,750 customers, representing a variety of end markets, including food products, chemicals, petroleum, waste disposal, paints and inks.
Date of Investment: August 2011
Headquarters: Maitland, FL