EQT sells Færch Plast to Advent International
June, 2017 - Copenhagen, Denmark
The private equity fund EQT has sold the Danish packaging manufacturer Færch Plast Group A/S to the private equity firm Advent International. Plesner assisted EQT with the transaction.
Færch Plast is a leading European manufacturer of plastic packaging for the food industry. EQT acquired Færch Plast in 2014 and has now sold the business after having owned it for three years.
The sale was made through a structured auction process with many interested bidders. The global private equity firm Advent International acquires all shares in Færch Plast as a result of the transaction.
Færch Plast, which primarily provides plastic trays for food, has experienced significant growth in recent years. The most recent annual accounts (2016) show a turnover of DKK 2.1 billion.
