Sausage-skin maker Devro agrees to £540m takeover latest news-breaking news

Sausage-skin maker Devro agrees to £540m takeover Sausage-skin maker Devro agrees to £540m takeover North Lanarkshire-based Devro says the deal with German-owned Saria is 'attractive'. Scottish sausage-skin maker Devro has agreed to a £540m takeover off...

Sausage-skin maker Devro agrees to £540m takeover latest news-breaking news

Sausage-skin maker Devro agrees to £540m takeover Sausage-skin maker Devro agrees to £540m takeover North Lanarkshire-based Devro says the deal with German-owned Saria is 'attractive'. Scottish sausage-skin maker Devro has agreed to a £540m takeover off...

Sausage-skin maker Devro agrees to £540m takeover latest news-breaking news
26 Kasım 2022 - 00:15

Sondakika haberleri

Sausage-skin maker Devro agrees to £540m takeover

North Lanarkshire-based Devro says the deal with German-owned Saria is 'attractive'.

Scottish sausage-skin maker Devro has agreed to a £540m takeover offer from a German company.Devro said the deal with Saria was "attractive" and valued the company at 65% more than its closing share price on Thursday.One of Saria's subsidiaries also makes sausage casings and already distributes Devro products in Brazil.

Saria is part of the Rethmann Group, one of the biggest private companies in Europe.The latest headlines from ScotlandDevro chairman Steve Good said: "Under the ownership of Saria, the combined business will have an enhanced product offering, will be a stronger more diversified group of scale, and will look to further accelerate long-term sustainable growth.

Vladimir Putin looks 'pained' as he has tea with mothers of Russian soldiers killed in Ukraine war

The Russian president sat up close and personal among the women, telling them he shared the pain of those who have lost sons and would do everything he could to provide families with help and support. Read more >>

Devro operates seven sites around the world Scottish sausage-skin maker Devro has agreed to a £540m takeover offer from a German company.The Scottish manufacturer, which employs around 2,000, announced details of the move by German giant Saria, part of the Rethmann family empire, this morning.Everyone has had a Greggs sausage roll, right? The savoury treat is the most famous and popular products on the menu.at 7:52 am Maine officials are close to finalizing a land use agreement that supporters said would protect one of the most rural corners of the country from overdevelopment years after environmentalists raised concerns about McMansions rising in the area.

Devro said the deal with Saria was "attractive" and valued the company at 65% more than its closing share price on Thursday. One of Saria's subsidiaries also makes sausage casings and already distributes Devro products in Brazil. The cash consideration represents an"attractive premium" of 65 per cent to the closing price of 192p per Devro share from the last business day before the announcement last night, it said. Saria is part of the Rethmann Group, one of the biggest private companies in Europe. Paul's Pies on Fishergate Hill opened roughly two years ago. The latest headlines from Scotland Devro chairman Steve Good said: "Under the ownership of Saria, the combined business will have an enhanced product offering, will be a stronger more diversified group of scale, and will look to further accelerate long-term sustainable growth. As a result, the Devro directors have agreed unanimously to recommend that Devro's shareholders accept the offer from Saria. "We believe that Saria's understanding of our markets, its strong financial position and the cultural fit will benefit the group's business and employees. NBCLX contributor Greg Bledsoe brings his Family Geography Project to Portland to meet Kate-Lyn Knight, the owner of Rocky Bottom Fisheries, and learn how the industry is helping preserve lobster fishing for generations to come.

"As a result, the Devro directors have agreed unanimously to recommend that Devro's shareholders accept the offer from Saria." Harald van Boxtel, chief executive of Bidco, said:"The proposed combination of Devro and the Saria group will bring together two leading international businesses with complementary product portfolios, particularly in the sausage casings market, providing a platform for sustainable and scalable growth in highly attractive and dynamic categories. He's a true one man band." Devro, which is headquartered in Moodiesburn, has seven sites around the world, including in Scotland, China and Czechia. In 2019, Devro announced it was closing its Lanarkshire factory in Bellshill with the loss of 90 jobs. Share. At the time, Devro said it intended to increase manufacturing at its other North Lanarkshire site in Moodiesburn. As a testament to Paul's popularity, when I arrived to pick up my sausage roll at around 2pm, there was hardly anything left. More on this story . “The goal was to obtain input about what types of development would be suitable in certain areas and to ensure adequate protection for resources of importance to the community,” said Stacie Beyer, acting executive director of the Land Use Planning Commission.



SON DAKİKA HABERLER - SONDAKİKA HABERLERİ - BREAKİNG NEWS -LASTMİNITE NEWS
Bu haber 58 defa okunmuştur.

YORUMLAR

  • 0 Yorum
Günün Başlıkları