FAERCH PLAST ACQUIRES SEALED AIR’S EUROPEAN FOOD TRAYS BUSINESS

Leading European supplier of trays for the food industry, Færch Plast A/S, has further strengthened its position as a significant supplier to the expanding global food industry with the agreed acquisition of Sealed Air’s Food Trays Business in Europe.

Sealed Air is one of the world’s leading manufacturers of food, protective and speciality packaging materials. The company’s Food Trays Business manufactures high quality packaging solutions for fresh meat, salad, fruit and food service. The acquisition comprises the activities of the Poole (UK) and Buñol (Spain) based manufacturing sites, Sealed Air Ltd and Sealed Air Buñol SLU, as well as associated commercial activities.

With the acquisition, Færch Plast takes over the Cryovac food-packaging brand, providing the company with the opportunity to offer its customers a stronger and wider product portfolio and to service customers on an even larger geographical scale.

“We are impressed by the extensive product portfolio at Sealed Air Poole and Buñol, and we believe the combination with Færch Plast to be an excellent opportunity for both parties,” says Færch Plast President & CEO, Lars Gade Hansen.

This is the second acquisition that Færch Plast concludes in 2015, after the purchase of UK-based Anson Packaging Ltd.

www.faerchplast.com