Freshfields Bruckhaus Deringer LLP (‘Freshfields’) has advised global private equity firm Advent International (‘Advent’) on the acquisition of a majority stake in Danish food packaging company Færch Plast A/S (‘Færch Plast’) from private equity fund EQT VI. Financial terms of the transaction were not disclosed.
Færch Plast holds a leading position within rigid plastic packaging for the food industry. With over 1,000 employees across Europe and large manufacturing sites in the Czech Republic, Denmark, Spain and the UK, its client base includes some of the world’s largest food companies.
Closing of the transaction is expected following the receipt of merger control clearances.
The multijurisdictional Freshfields team was led by partners Stephanie Hundertmark, James Scott and Adrian Maguire.