With offices on four continents, Advent has established Faerch plast denmark globally integrated team of over investment professionals across North America, Europe, Latin America and Asia. From the company reported organic revenue growth of 5. The firm focuses on investments in five core sectors, including business and financial services; healthcare; industrial; retail, consumer and leisure; and technology, media and telecom.
The company is one of the leading European manufacturer of innovative plastic packaging within Ready Meals, Fresh Meat, and Food to Go.
This forecast is in line with our own projections. For further information visit: The company offers state-of-the-art extrusion and thermoforming facilities generating a wide range of containers. The outlook on all ratings is stable. The business model combines a superior quality and service proposition with an industry-leading cost position and a broad range of innovative packaging solutions.
Faerch has demonstrated a track record of growth. We look forward to working with the management team to further grow the business. The market for rigid plastic packaging is highly fragmented and exhibits strong pricing pressure and fierce competition due to its relatively high growth rate.
Financial terms of the transaction were not disclosed. Metal, Glass, and Plastic Containers published in September Faerch is a rigid plastic packaging manufacturer with strong niche market positions in certain Western European countries with a high exposure to the UK and Ireland.
Proceeds from the term loan will be used to partially finance the acquisition of Faerch by Advent International, repay existing debt facilities and transaction costs as well as provide a DKK million cash overfund. At higher than GDP rates, rigid plastic packaging is the fastest growing food packaging material.
Regulatory disclosures contained in this press release apply to the credit rating and, if applicable, the related rating outlook or rating review. Faerch Plast employs more than 1, employees, spread across six factories in Denmark, Great Britain, Spain and the Czech Republic respectively, and sales offices that cover all of Europe.
After more than 30 years dedicated to international investing, Advent remains committed to partnering with management teams to deliver sustained revenue and earnings growth for its portfolio companies. Exceptions to this approach exist for the following disclosures, if applicable to jurisdiction: For any affected securities or rated entities receiving direct credit support from the primary entity ies of this credit rating action, and whose ratings may change as a result of this credit rating action, the associated regulatory disclosures will be those of the guarantor entity.
For more information please visit: The rating also reflects: A particular area of focus will be the expansion into France, Spain and Germany, and supporting food retailers, who are keen to achieve differentiation through new and innovative packaging solutions.
While Faerch has relatively small scale as measured by revenues relative to rated peers, the company is one of the largest players in its respective markets. Both companies have leading positions in the development and production of packaging for the food industry and thus offer Faerch Plast a stronger and expanded product portfolio.
Please see the Rating Methodologies page on www. Faerch benefits from a well-invested asset base with a high degree of automation, which positions the company as a cost leader in this sector. For provisional ratings, this announcement provides certain regulatory disclosures in relation to the provisional rating assigned, and in relation to a definitive rating that may be assigned subsequent to the final issuance of the debt, in each case where the transaction structure and terms have not changed prior to the assignment of the definitive rating in a manner that would have affected the rating.Færch Plast is a European leader in innovative and optimized plastic packaging solutions for the food segments ready meals, fresh meat and food to go.
Færch Plast sells its products through three different channels; food producers, distributors and retailers with customers varying from large international companies to smaller local players. Faerch Plast employs more than 1, employees, spread across six factories in Denmark, Great Britain, Spain and the Czech Republic respectively, and sales offices that cover all of Europe.
The company offers state-of-the-art extrusion and thermoforming facilities generating a wide range of containers. Packaging manufacturer Faerch Plast (Holstebro / Denmark; killarney10mile.com) has acquired the Dutch recycling group 4PET (Duiven; killarney10mile.com) for an undisclosed sum.
The Danish company says this makes it one of the world’s first integrated producers of plastic packaging with an. Faerch Plast acquires leading recycler 4PET Group. Færch Plast is closing the loop on plastic food trays with the acquisition of Dutch 4PET Group Læs mere.
Responsible packaging. Find din emballage. Mål: Avanceret søgning. Søg.
Kontakt. Telefon 99 10 10 10 Færch Plast. Apr 16, · Denmark-based Faerch Plast A/S, a food packaging company, has announced it plans to target Australia, New Zealand, the Middle East, the U.S., Canada, South Africa and Israel for future growth by.
Company Overview. Faerch Plast Group A/S manufactures plastic food packaging products. The company was founded in and is headquartered in Holstebro, killarney10mile.comon: Rasmus Faerchs Vej 1 Holstebro, Denmark.Download