1. Often PEFs have had a bad press and, for example, a reputation for aggressive tax planning and for not caring about employees and suppliers. CEO Lars Frederiksen had a different view on this. When PAI Partners acquired Chr. Hansen, it marked the beginning of a journey to reshape the company.
a. What are the risks involved when shifting from being a listed company to a PEF-owned company?
b. What are the bene?ts of working closely with a PEF company? And why can decisions be made faster than in a listed company?
c. Discuss how Chr. Hansen and PAI worked together? In what ways could it be said that the cooperation was fruitful?