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Principal Holdings

Faerch

Faerch is the pan-European leader and sustainability innovator in the rigid plastic food trays market. The company was one of the first to introduce post-consumer recycled content (PCR) in its food packaging. Faerch is vertically integrated with its own recycling facility, which is one of the world’s most advanced PET recycling facilities for post-consumer PET with a proven circular food packaging solution using mechanical recycling.

Facts

  • Established: 1969
  • Non-listed
  • Revenue: EUR 1.3bn
  • Number of employees: 5,487
  • CEO: Lars Gade Hansen
  • CFO: Tom Sand-Kristensen

Board of Directors

  • Henrik Poulsen (Chair)
  • Jan T. Nielsen (Vice Chair)
  • Charlotte Strand
  • Marianne Kirkegaard
  • Ruud Sondag
  • Sven Seidel

The A.P. Moller Group