Food manufacturer Fayrefield Ingredients Holding A/S in Vejle gains a new majority shareholder. The private equity fund Erhvervsinvest is acquiring 60 percent of the company.

Fayrefield is a global supplier of dairy-based ingredients, functional blends, cheese, butter, and nutritional products for the food industry. The company operates production facilities in Denmark and has offices in the United States, China, Poland, France, and the United Arab Emirates.

According to a press release, Fayrefield achieved a turnover of DKK 1.7 billion and an EBITDA of DKK 66.8 million in 2024. For 2025, turnover is expected to reach around DKK 1.9 billion.

• Fayrefield is a strong and internationally recognised company with solid customer relationships and a clear value proposition. The business has an attractive platform for further growth, and we see exciting opportunities to develop it even more, says Thomas Marstrand, Managing Partner at Erhvervsinvest, in the press release.
• Over the years, we have built a strong position as a supplier of dairy ingredients to the global food industry. With Erhvervsinvest as our partner, we are strengthening our foundation and gaining the opportunity to accelerate Fayrefield’s development. At the same time, this partnership marks the first step in a planned generational transition to ensure the company’s long-term success, says Peter Nielsen, CEO of Fayrefield.

About Fayrefield

Fayrefield Foods A/S was founded in 1998 and is headquartered in Vejle. The company employs around 70 people worldwide.

Key business areas:
• Sales of dairy-based ingredients and functional blends for the food industry
• Sales of cheese and butter to the food industry and foodservice sector
• Sales of nutritional and paediatric ingredients
• Global trade in dairy products with the Middle East, Asia, and Central and South America
• Import of dairy products into the EU

About Erhvervsinvest

Erhvervsinvest is a Danish private equity fund that makes majority investments in small and medium-sized, well-managed – primarily Danish-based – companies with international potential.

Since its establishment in 2004, Erhvervsinvest has raised six funds with total committed capital of DKK 5.1 billion. Investors include Nykredit, AP Pension, AKF Invest CPH, and Velliv, as well as several foreign and private investors.

Read the full press release from Erhvervsinvest HERE
Photo: Howtogym, Unsplash

By LWM