Altor Fund IV and Goldman Sachs Merchant Banking Division
have partnered to acquire the majority of Hamlet Protein from Polaris Private Equity
and the founder of the company, Ole K Hansen.
Hamlet Protein is a global provider of soy-based protein
solutions used in high value-add animal feed for young animals. The company
services more than 50 countries from its two production facilities in Horsens,
Denmark and Findlay, Ohio.
“This is another important milestone for Hamlet Protein and
we are very excited about our new partnership with Altor and Goldman Sachs
Merchant Banking Division”, says Søren Munch, CEO of Hamlet Protein.
“With the strong support of Altor and Goldman Sachs Merchant
Banking Division we are uniquely positioned to accelerate the development and
growth of Hamlet Protein and better service our customers and partners globally.”
Image: Flazingo Photos |
“We have made a
successful management succession and turned Hamlet Protein into a leading
global provider of specialty soya for young animal feed with a strong market
position in Europe, US and Asia through developing global sales organization
and significant investments in expanding capacity including establishing a
sales and production facility in the US", says Niels Worning, Partner at
Polaris Private Equity.
”It has been a very successful partnership with Polaris,
where we, along with a strong new leadership has managed to achieve a great
development for Hamlet the recent years with a significant strengthening of Hamlet's
global market position," says founder of Hamlet Protein, Ole K Hansen.
“We are looking forward to continuing the positive
development of Hamlet Protein started by Polaris in our equal partnership with
Goldman Sachs Merchant Banking Division”, says Søren Johansen, Partner at Altor
Equity Partners.
“We believe that Hamlet Protein is ideally positioned to
become the global champion within high value-add young animal feed.”
“We are impressed by the high value-add young animal feed
platform that the management team and employees have built under the current ownership”,
says Michael Specht Bruun, Managing Director in the Merchant Banking Division
of Goldman Sachs.
“We see significant growth potential globally and are
excited about partnering with Altor and the management team to support the
company’s impressive growth trajectory both organically and through
acquisitions.”
Closing of the transaction is subject to customary
regulatory requirements and approvals.
William Blair acted as exclusive financial advisor to the
selling shareholders. Nordea has provided debt financing for the transaction.
Visit the Hamlet Protein site HERE. The Aquaculturists
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