The board of directors of Faerch Holding has completed the process of finding a new attractive owner for the international packaging enterprise with head offices in Holstebro. Assisted by Danske Bank Corporate Finance and Bech-Bruun, Faerch Holding has reviewed offers from both domestic and international potential buyers. The process ended today when the private equity fund EQT entered an agreement to buy Færch Plast A/S.
"EQT has followed Faerch Plast through a number of years and we are deeply impressed by the quality and the commitment of the employees we have met during the process. Faerch Plast has very significant market positions with longstanding, strong customer relationships. These factors all constitute a sound basis for continuing the company's outstanding development."