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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Faerch acquires MCP Performance Plastic from Kibbutz Hama'apil · Endata

◂ Announcements

Aug 23, 2021ACQUISITIONEmek Hefer, Israel, Israel

Faerch acquires MCP Performance Plastic from Kibbutz Hama'apil

Danish food packaging company Faerch Group is purchasing MCP Performance Plastic from Kibbutz Hama'apil in Emek Hefer, Israel, for an estimated 57 million euros. The acquisition includes MCP's two factories in Israel and the United States and is intended to help Faerch enter the US market.

Value

$67.0M (57.0M EUR)

Status

Announced

Productsthermoformed food packagingfood trays

CompaniesFaerch Group acquirer MCP Performance Plastic target Kibbutz Hama'apil partner

Sectors#Packaging

“The MCP will serve as a springboard for Faerch to enter the important US market, which is estimated at $ 55 billion.”currentglobe.news

1 source
currentglobe.newsFaerch buys kibbutz plastic along with MCP – Current Globe NewsStacyAug 24, 2021

Summarized from public sources; check the original articles before acting on it.

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A.P. Moller Holding to acquire food packaging maker Faerch Group
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Nov 10, 2020ACQUISITION
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