Kirk Kapital acquires 40 pct. of Beck Pack Systems

Kirk Kapital A/S acquires 40 pct. of Beck Pack Systems A/S. Beck Pack is the world leader in the packaging market for the fish industry, and with a new three-digit million investment, Kirk Kapital has made another investment into a company exposed to a globally growing food consumption.

Insepa A/S, which is the holding company behind Beck Pack, maintains its majority with a continuation of 60 pct. ownership, while Kirk Kapital becomes an active minority owner and joins the board.

” We are looking forward to the new collaboration with Insepa and Beck Pack. Beck Pack is a world leader, very well run and has delivered great results over a long period of time. Kirk Kapital enters the ownership of Beck Pack with an ambition to contribute to a long-term positive development of the company, ” says CEO of Kirk Kapital, Kim Gulstad.

Administrative director of Insepa and Chairman of Beck Pack, Klaus B. Nielsen, looks forward to gaining new experienced members into his board and welcomes the new partnership with Kirk Kapital.

” We are experiencing a positive development in Beck Pack, which we, together with Kirk Kapital, must ensure, continues. Beck Pack has a long history, and we are pleased to have a co-owner who also has an eye for the long-term goals and development of the company. In addition, we look forward to getting a capital-strong partner like Kirk Kapital into our board and to draw on the experiences and competencies that will benefit the company in the future, " says Klaus B. Nielsen

 

Contact details

Morten Huse Eikrem-Jeppesen, PressConnect for Kirk Kapital, +45 53 85 07 70

Klaus B. Nielsen, Chairman in Beck Pack, +45 40 30 14 62

 

About Beck Pack

For more than 50 years, Beck Pack systems has operated in the food packaging market and sells its cartonnage products to block production across most of the world, including Argentina, Poland, New Zealand, China, The United States, Korea, Peru and Vietnam. 75 pct. of the production takes place at the factory in Rønne, Denmark and the rest in Seattle, USA. For more information on Beck Pack, see www.beck-liner.com.

 

About Kirk Kapital

Kirk Kapital is a family-owned investment company, owned by Kirk Johansen. The Kirk Johansen family is the descendants of Ole Kirk Kristiansen, who established LEGO. Kirk Kapital manages approximately DKK 8 billion (EUR 1.1 billion), which is invested in Strategic Investments and Financial Investments. Within Strategic Investments Kirk Kapital is an active and long-term owner and owns large active minority positions in Alliance+, FMD, Globeteam, Kompan, PNO and Tacton.

 

About Insepa

Insepa is the holding company of Espersen and the packaging companies Beck Pack and Cartolit. Insepa is owned 100% by Director J.P.A. Espersen and wife, Mrs Dagny Espersen Foundation. It is a fund whose purpose, in addition to the ownership of Insepa, is solely of charitable and humanitarian nature.