© Copyright Acquisition International 2024 - All Rights Reserved.

Article Image - Altor & Goldman Sachs Merchant Banking Division Acquires Majority stake in Hamlet Protein.
Posted 22nd July 2015

Altor & Goldman Sachs Merchant Banking Division Acquires Majority stake in Hamlet Protein.

Altor & Goldman Sachs Merchant Banking Division Acquires Majority stake in Hamlet Protein.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Altor & Goldman Sachs Merchant Banking Division Acquires Majority stake in Hamlet Protein.

Altor & Goldman Sachs Merchant Banking Division Acquires Majority stake in Hamlet Protein.

View Biography

Kromann Reumert

Altor Fund IV and Goldman Sachs Merchant Banking Division partner 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”

– “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 have 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.

For more information, please contact:
Søren Johansen, Partner at Altor: +45 3336 7300
Tor Krusell, Head of Communication, Altor: +46 8 678 91 96
Fiona Laffan, Managing Director, Media Relations at Goldman Sachs: +44 20 7774 9649

About Hamlet Protein:
Hamlet Protein is a leading provider of soy-based protein solutions used in high value young animal feed. Its products provide superior nutritional and functional benefits by increasing palatability, digestibility and supporting gut health which enables farmers to improve animal health and growth leading to enhanced protein output. Hamlet Protein has two strategically located state-of-the-art production facilities in Denmark and the US. Hamlet Protein works closely in cooperation with customers to continuously develop new solutions that maximise value for its customers.

About Polaris:
Polaris Private Equity is a Danish/Swedish private equity fund, based in Copenhagen, focusing on buy-out investments in well-established lower mid-market companies in Denmark and Sweden. Polaris’ first fund of €188 million was realised in 2008, and Polaris currently has more than €1 billion under management in three active funds. Polaris invests in companies with strong development potential and a typical turnover of €25-200 million. To date, Polaris has invested in 31 companies, exited 17 and has made more than 50 add-on investments in portfolio companies.

About Altor:
Since inception, the family of Altor funds have raised some EUR 5.8 billion in total commitments. The funds have invested in excess of EUR 3.1 billion in more than 40 companies. The investments have been made in medium sized Nordic companies with the aim to create value through growth initiatives and operational improvements. Among current and past investments are Haarslev Industries, Sonion, EWOS, Helly Hansen, Dustin and Norican. For more information visit www.altor.com.

About Goldman Sachs Merchant Banking Division:
Since 1986, the Merchant Banking Division of Goldman Sachs has raised over $140 billion of capital in equity, credit and real estate funds to invest in a variety of geographies, industries and transaction types. With Merchant Banking representatives in six countries around the world, Goldman Sachs is one of the largest managers of private capital globally, offering deep expertise and long-standing relationships with companies, investors, entrepreneurs and financial intermediaries. Goldman Sachs is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.

Categories: M&A, Strategy


You Might Also Like
Read Full PostRead - Eye Icon
Mobile Operators Sitting on ‘Treasure Trove of Rich Information’ with Movement Analytics
Innovation
Read Full PostRead - Eye Icon
6 Common Reasons Why New Stock Market Investors Fail
Finance
14/12/20206 Common Reasons Why New Stock Market Investors Fail

While trading has been made easier than ever thanks to all the tools and options we now have at our disposal, it is still far from easy.

Read Full PostRead - Eye Icon
Should You Block AI Bots from Crawling Your Website?
News
15/04/2024Should You Block AI Bots from Crawling Your Website?

Did you know AI’s like ChatGPT could be crawling your site for data? AI large language models (LLMs) like ChatGPT and Bard (now called Gemini) has raised a question for businesses: block or allow AI bots like ChatGPT’s GPTBot to crawl your site? As AI is a

Read Full PostRead - Eye Icon
Big Costs and Plummeting Share Prices Ahead for Companies Hit Hardest by Social Distancing
Finance
21/07/2020Big Costs and Plummeting Share Prices Ahead for Companies Hit Hardest by Social Distancing

This was particularly the case in companies with a strong connection to tourism, whereas, companies in the tech and communications sectors, were found to be hardly affected and will return to pre-COVID levels by early next year.

Read Full PostRead - Eye Icon
What Is Medical Negligence? What To Do If You Experience One
Legal
16/03/2023What Is Medical Negligence? What To Do If You Experience One

You expect the best care and results when you go to a hospital. However, sometimes things don’t go as anticipated. Your healthcare provider could make errors during treatment, diagnosis, or aftercare.

Read Full PostRead - Eye Icon
Tech Trends for Charities in 2023
News
10/05/2023Tech Trends for Charities in 2023

The charity sector is bouncing back from three years of disruption – and technology is at the heart of the recovery.

Read Full PostRead - Eye Icon
How Industrial Couriers Play a Vital Role in the Supply Chain
Innovation
19/08/2022How Industrial Couriers Play a Vital Role in the Supply Chain

When most people think of couriers, we imagine the people handling last-mile delivery for a wide range of consumer products. However, there’s also major demand for couriers in a commercial context, and that’s where specialist providers come into the pictur

Read Full PostRead - Eye Icon
eBay – Just the Ticket
Strategy
31/05/2016eBay – Just the Ticket

Online marketplace giant eBay has revealed it plans to buy the Spanish online ticketing platform Ticketbis, in a move that will see eBay expand its StubHub business to Europe, Latin America and the Asia-Pacific region.

Read Full PostRead - Eye Icon
Navigating Dutch Business Culture: Advice for Expanding Your Business Operations to the Netherlands
Corporate Social Responsibility
23/05/2023Navigating Dutch Business Culture: Advice for Expanding Your Business Operations to the Netherlands

Around 400 companies each year set up their Business in the Netherlands, coming from Europe, North and South America, and Asia - and continues to be a place of choice for business expansion.



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have 14 unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow