Færch Plast is closing the loop on plastic food tray with the acquisition of Dutch 4PET Group , sheet manufacturer with far - accomplish recycling capability . With this acquirement , Færch is becoming one of the world ’s first integrated shaping packaging suppliers that achieves a circular economic system for recycling solid food trays on an industrial scale , turning plastic packaging into a resource . “For long time , Færch has been promoting sustainability , and all of our products are contrive for recyclability . The acquirement of 4PET Group is an striking chance for us to shut the loop and a leapfrog in condition of sustainability . With the modern base in spot at 4PET to sort and work on dispose charge card trays , we are able to transform used tray into in the raw material for new food contact products ” , enounce Færch Plast Group ’s chief executive officer , Lars Gade Hansen . An industrial shell interruption - through“The recycling organization offered by 4PET Group is an innovative , industrial - scale break - through in our conversion towards a sustainable circular saving . It enable us to take responsibleness for the post - consumer phase angle of our trays ” , add Lars Gade Hansen.4PET Group is a leading European fabric specialist for PET sheet and nutrient contact quality recycling . With 200 employee across four sites , the party had a employee turnover of more than Euro 50 million in 2017 and keep to grow rapidly . 4PET Group is look ahead to continue to serve its existing as well as Modern customers under the stewardship of its unexampled owners . “For many old age , we have offered ‘ bottle - to - bottle ’ answer , while witnessing the vast ontogenesis of the preferent tray mart . We are very delirious that we are among the first to extend an industrial ‘ tray - to - tray ’ resolution . With our bespoke applied science , we recycle and process PET of any colour including dark publicity “ , say Jean - Loup van de Wiele , joint founder and CEO at 4PET Group . His fellow founding father and CFO Hans Kuipers added : “ We are delighted to link Færch to speed our increment and conjointly cover our strategy of volunteer recycled material to our client . Our customers will enjoy an even higher tier of commitment and service going forward . ” The two laminitis will continue to own a pregnant portion of the shares and extend to launch the ship’s company . shaping publicity in a circular economy“With the shift from a linear to a rotary economy , plastic intellectual nourishment packaging becomes a sustainable packaging choice for the food manufacture . At the same metre , thanks to our advanced technology and product innovation , we can offer value - sum promotion result that prolong ledge - life history and keep food for thought both refreshed and safe ” , say Lars Gade Hansen .
The transaction is expected to shut during the third quarter of 2018 , dependent to customary closing stipulation and regulative approvals . For more information : Færch Plast Group A / SLars Gade Hansen , CEO - Tel . +45 99 10 10 10Jesper Emil Jensen , Sales Director North , ROW & Marketing - Tel . +45 27 25 10 19www.faerchplast.com4PET have got BVJean - Loup van de Wiele , CCO / CEO - Tel . +31 85 1052 160Hans Kuipers , CFO / CEO - Tel . +31 85 1052 160www.4petholding.nl
