A.P. Moller Holding Acquires Faerch Group
December 14, 2020
A.P. Møller Holding A/S has signed an agreement to acquire Faerch A/S, a pan‑European leader in sustainable food packaging, from funds managed by Advent International for approximately EUR 1.9 billion. The deal, subject to competition approvals and completion of Faerch's recently announced Sirap acquisition, will support Faerch's expansion of recycling capacity and accelerate its circular packaging strategy.
- Buyers
- A.P. Moller Holding A/S
- Targets
- Faerch A/S (Faerch Group)
- Sellers
- Funds managed by Advent International
- Industry
- Packaging
- Location
- Denmark
- Transaction Type
- Buyout
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