# A.P. Moller Holding to acquire food packaging maker Faerch Group

A.P. Moller Holding has signed an agreement to acquire Faerch, a pan-European sustainable food packaging manufacturer, from funds managed by Advent International. Faerch operates integrated recycling for circular food packaging.

- Type: Acquisition
- Announced: 2020-12-14
- Where: Denmark
- Value: $2.30B (1.90B EUR)
- Status: announced
- Products: recycled food packaging, closed-loop food packaging
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Advent International](https://endata.com/companies/430.md) (partner)
- [Faerch Group](https://endata.com/companies/7218.md) (target)
- [A.P. Moller Holding](https://endata.com/companies/7371.md) (acquirer)

## Sources

- [apmoller.com](https://apmoller.com/news/a-p-moller-holding-to-acquire-the-faerch-group-the-worlds-leading-sustainable-food-packaging-company/), 2020-12-14: "A.P. Moller Holding A/S (A.P. Moller Holding), the parent company of the A.P. Moller Group, has signed an agreement to acquire Faerch A/S"
- [reuters.com](https://www.reuters.com/article/faerch-group-ma-maersk-idINL4N2IU243/), 2020-12-14: "will buy Danish food packaging company Faerch Group in a deal valued at around 1.9 billion euros ($2.3 billion)"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.