New Board of Directors for Faerch Group
22.03.2021
A.P. Moller Holding’s acquisition of Faerch Group (‘Faerch’), a global leader in sustainable rigid food packaging solutions, has been completed and a new Board of Directors has been appointed. Henrik Poulsen former CEO of Ørsted A/S and Senior Advisor to A.P. Moller Holding is appointed as new Chair; Jaska de Bakker, CFO of Koninklijke FrieslandCampina N.V.; Marianne Kirkegaard, President and CEO of CSM Bakery Solutions LLC; Jan Thorsgaard Nielsen, Chief Investment Officer of A.P. Moller Holding; Ron Marsh, former CEO of RPC Group and Sven Seidel, CEO of PHOENIX group, are elected Board members.
Faerch is a leading manufacturer of sustainable food packaging solutions within ready meals, protein, food-to-Go and dairy. Faerch has taken the lead in making rigid food packaging circular with products made from up to 100% recycled content and fully recyclable to new food grade products. As an integrated recycler, Faerch recycles food trays back into new food grade products at industrial scale.
Henrik Poulsen, Chair of Faerch: “As a recognised leader within circular food packaging solutions, Faerch is in a unique position to continue to expand its potential. I am looking forward to working with the Leadership Team, the new Board of Directors and the many dedicated and skilled employees of Faerch. The world needs more circularity to help combat climate change and pollution, and together we have the opportunity to continue to make a tremendous impact”.
The CEO of Faerch, Lars Gade Hansen: "We are delighted and proud to become part of the A.P. Moller Group, and I welcome the new Board of Directors. Together with the new Board of Directors, the Leadership Team and I are excited about and highly committed to pursuing our strategy to drive the industry’s transition towards sustainable packaging solutions and a more circular economy."
As part of the completion of A.P. Moller Holding’s acquisition it has sold 1% of the equity to the Faerch Foundation. The Færch Family established Faerch back in 1969 and in 1984 the Faerch Foundation also became owners.
Commenting on the investment, Chair of the Faerch Foundation, Annemette Færch says: “The Foundation is committed to supporting a positive regional development of northwestern Jutland, and we are very happy and proud that we again are part of the company that initially was founded by our family in 1969. Today, Faerch is a world-leading company within its field and with a strong economy, and we are excited again to be part of its future.”
The CEO of Faerch, Lars Gade Hansen: "With the Faerch Foundation involved, we emphasise our commitment to northwestern Jutland as well as the foundation our group was built on.”
Members of the Faerch Board of Directors:
Henrik Poulsen (C), Senior advisor to A.P. Møller Holding. Deputy Chair of the Board of Directors at ISS A/S and Carlsberg A/S. Member of the boards of Bertelsmann SE & Co. KGaA, Novo Holdings A/S and Ørsted A/S.
Ron Marsh, former CEO of RPC Group in UK. Chairman of Polypipe Group Plc, Chairman of the UK Packaging Federation, Non-Executive Director of the Walsted Group.
Sven Seidel, CEO of PHOENIX group
Jaska de Bakker, CFO at Koninklijke FrieslandCampina N.V. Member of the Board of Directors of The Ocean Cleanup.
Marianne Kirkegaard, President and CEO, CSM. Member of Board of Directors of AAK, Salling Group, Fertin Pharma and Pandora.
Jan Thorsgaard Nielsen, Chief Investment Officer, A.P. Moller Holding. Chair of the Board of Directors at KK Wind Solutions. Vice Chair of the Board of Directors at Danske Bank. Member of the Board of Directors at A.P. Moller Capital and LEGO.
Brian Troldtoft, Employee Representatives
Thomas Lauridsen, Employee Representatives
Torben Toft Jensen, Employee Representatives
About The Faerch Group
Founded in 1969 and headquartered in Holstebro, Denmark, the Faerch Group (‘Faerch’) is a leading European manufacturer of sustainable food packaging solutions within the Ready Meals, Protein, Food-to-Go and Dairy segments. Faerch has taken the lead in making rigid food packaging circular with products made from up to 100% recycled content and fully recyclable to new food grade products. As an integrated recycler, Faerch recycles food trays back into new food grade products at industrial scale. The Group employs more than 2,200 people, spread across 16 production sites in Denmark, Great Britain, France, Italy, Poland, Spain, the Czech Republic and the Netherlands. Sales offices cover all of Europe.
