Transaction: Acquisitions
Date: April 2015
Deal value: Not disclosed
Process: Private auction
Industry: Manufacturing

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FIH Partners advised Faerch Plast on the acquisition of Anson Packaging, a manufacturer of high-quality thermoformed packaging solution primarily for the UK food market.

Anson Packaging, a UK based company with more than 40 years of experience and turnover of more than DKK 500 million has a very strong position in packaging for the food to go, dairy desserts, bakery and convenience sectors in the UK.

In combination with Faerch Plast's leading position in CPET packaging for the ready meals sector and a strong hold in the UK market in general, the acquisition of Anson Packaging provides the Danish-based company with the opportunity to service customers with an even larger and broader product portfolio.

The acquisition is in line with Faerch Plast’s growth strategy where international expansion and acquisitions are key elements. In 2013, Faerch Plast reported revenue of approximately DKK 1.1 billion and an EBITDA of DKK 236 million. Faerch Plast was acquired by EQT VI, one of the leading private equity groups in Northern Europe, in March 2014.

FIH Partners acted as exclusive financial advisor to Faerch Plast.