Pact Group Holdings Ltd (ASX: PGH) has appointed Citigroup Global Markets Australia Pty Limited (Citi) to assist in the consideration of future growth and options for its crate manufacturing and pooling business, part of the Materials Handling & Pooling segment.
They have been in discussions with parties in relation to the crate manufacturing and pooling business, but have not made any decision yet and there is no certainty that the Company will elect to proceed with any transaction.
The Company will update the market as necessary in line with its disclosure obligations.