Takeover Hamlet Protein approved by EC

07-08-2015 | |
Takeover Hamlet Protein approved by EC

The European Commission (EC) has given the green light for the takeover of Danish feed company Hamlet Protein by investment bank Goldman Sachs and Altor.

Hamlet Protein produces soy-based products for use in feed for young animals. The company services more than 50 countries from its two production facilities in Horsens, Denmark and Findlay, Ohio. The US facility will be expanded in the coming months.

Søren Johansen, Partner at Altor Equity Partners stated earlier: “We are looking forward to continuing the positive development of Hamlet Protein in our equal partnership with Goldman Sachs Merchant Banking Division.” Altor and Goldman Sachs have taken on the stake from Polaris Private Equity and the Hamlet Protein’s founder Ole K Hansen, who both exit the company after successful periods.

Transaction of such mergers is always subject to customary regulatory requirements and approvals. Now that the European Commission has done so, the merger is official.

Emmy Koeleman Freelance editor