Transaction: Acquisitions
Date: Pending
Deal value: Not disclosed
Process: Private
Industry: Manufacturing

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Acquisition of leading recycler 4PET Group by Faerch Plast

FIH Partners advised Faerch Plast on the acquisition of 4PET Group, a leading European material specialist for PET sheets and food-grade recycling.

Færch Plast is closing the loop on plastic food trays with the acquisition of Dutch 4PET Group, a leading sheet manufacturer with unique recycling capabilities. With this acquisition, Færch is becoming one of the world’s first integrated plastic packaging supplier that achieves circularity for recycling food trays on an industrial scale, turning plastic packaging into a resource.

With 200 employees across four sites, 4PET Group generated revenue of more than EUR 50m in 2017 and continues to grow rapidly. The two founders will continue to own a significant portion of the shares and continue to run the company.

In 2017, Faerch Plast reported approximately DKK 2.3bn in revenue. Faerch Plast was acquired by Advent International Corporation, one of the largest and most experienced global private equity investors.

FIH Partners acted as exclusive financial advisor to Faerch Plast.