Ready meal packing company acquired by Advent

Danish packaging manufacturer for the ready meal, ‘food-to-go’ and fresh meat markets Færch Plast is in the process of being acquired by global private equity investor Advent International.

Advent brings significant operational resources, capital and sector expertise, which will help accelerate Færch Plast’s growth and strategy to expand its international footprint organically and through add-on acquisitions. Færch Plast has an established, ambitious growth strategy, which has recently resulted in the acquisitions of Anson Packaging in the UK and Sealed Air’s Food Tray Business in Europe with factories in Great Britain and Spain.

Ranjan Sen, managing partner at Advent International, commented, “Short shelf life food packaging is an attractive segment of the market with strong long-term prospects. As convenience becomes increasingly important in all areas of everyday life, the demand for ready meals and food to go will continuously gain momentum. Færch Plast is well positioned to benefit from these trends and to continue to serve its customer across Europe.”