Faerch Plast has acquired Sealed Air’s European Food Trays Business, enhancing its packaging solutions offerings and expanding its geographic reach in the European food packaging industry.
Information on the Target
Sealed Air’s European Food Trays Business specializes in the production of high-quality packaging solutions tailored for fresh meat, salads, fruits, and food service applications. The acquisition encompasses the tray production activities at Sealed Air's manufacturing facilities located in Poole, United Kingdom, and Buñol, Spain, along with the associated commercial operations. Together, these two sites generate impressive annual revenues of approximately DKK 350 million and employ about 250 individuals.
This acquisition not only strengthens Faerch Plast’s product offerings but also enhances its operational capabilities by integrating the expertise and assets of the acquired businesses. The inclusion of the Buñol facility allows for improved geographical reach and a more comprehensive range of services for customers across Europe.
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Industry Overview in the Target's Specific Country
The packaging industry in Europe is continuously evolving, driven by increasing consumer demand for sustainability and convenience. As dietary habits shift and the focus on food safety intensifies, the demand for in
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Faerch Plast
invested in
Sealed Air’s European Food Trays Business
in 2014
in a Other deal
Disclosed details
Revenue: $50M
EBITDA: $36M