EQT sells Færch Plast to Advent International
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.
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.