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Acquisition of Faerch Plast

Acquisition of

Sector:

Packaging

Markets Covered:

UK, France, Italy, Spain

Summary:

For Advent International, a leading private equity house evaluating the potential acquisition of Faerchplast. Evaluated Ready Meal and Food-to-Go Packaging markets across major European economies and provided commercial due diligence of the business

Details

Advent International is one of the largest and most experienced private equity investors. It was considering an investment to acquire Faerchplast a world leader in cPET packaging for ready meals and a major player in food to go packaging. We were asked to evaluate the potential for Faerch to grow in these market segments.
We undertook a market assessment, market sizing and market share evaluation of packaging formats and packaging manufacturers in ready meals and Food-to-Go segments through our proprietary store based audit methodology and identified market shares of the target in each segment in major European economies. We evaluated the potential for packaging material migration based on a technical assessment of packaging technologies as well as a detailed assessment of food processing technologies. We interviewed major packaging buyers across the major market segments and developed a detailed understanding of the prospects for the target.
In parallel we evaluated the target companies R&D pipeline and assessed the business plan.
Advent International acquired Faerchplast in June 2017