Inactive Instrument

Devro plc

DVO

GB0002670437

Devro takeover by Saria completes; shares cancelled

April 14, 2023 at 07:04 am EDT

Devro PLC - Glasgow, Scotland-based sausage casing manufacturer - Takeover by Saria Nederland BV, an indirect subsidiary of Saria SE & CO KG, becomes effective. Saria bought Devro for around GBP692 million. Saria recycles animal, vegetable and agricultural waste products. Devro shares on the London Stock Exchange are cancelled.

By Tom Budszus, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	LONDON STOCK EXCHANGE PLC	8,934 GBX	+0.49%	-0.56%	59.47B
	FTSE 100	8,140 PTS	+0.75%	+3.09%	-

Latest news about Devro plc

Devro takeover by Saria completes; shares cancelled	23-04-14	AN
Devro to Delist Shares in London After Completing Sale to Saria Nederland	23-04-14	MT
Stocks to rise after cool US PPI print	23-04-14	AN
Devro plc(LSE:DVO) dropped from FTSE All-Share Index	23-04-14	CI
Devro plc(LSE:DVO) dropped from S&P Global BMI Index	23-04-14	CI
SARIA SE & Co. KG completed the acquisition of Devro plc from Rohan August Cummings, Stephen Paul Good, Rutger Albert Helbing, Veronica Lesley Jackson, Malcolm Stuart Swift, Devro Directors and other shareholders	23-04-13	CI
Inland Homes completes GBP2.5 million fund raise	23-04-13	AN
UK’s Devro Receives Court Sanction for Saria Scheme of Arrangement	23-04-13	MT
Stocks green despite stagnant UK economic growth	23-04-13	AN
UK shareholder meetings calendar - next 7 days	23-03-02	AN
UK shareholder meetings calendar - next 7 days	23-03-01	AN
UK shareholder meetings calendar - next 7 days	23-02-28	AN
UK shareholder meetings calendar - next 7 days	23-02-27	AN
UK shareholder meetings calendar - next 7 days	23-02-24	AN
Records for FTSE and CAC but US PPI hits New York	23-02-16	AN
FTSE 100 stays above 8,000	23-02-16	AN
FTSE 100 stays above 8,000 as Centrica jumps	23-02-16	AN
Devro recommends increased GBP564 million Saria takeover offer	23-02-16	AN
Devro Accepts Upgraded Takeover Bid from Germany's SARIA; Shares Up 7%	23-02-16	MT
FTSE 100 Closes Up 0.3% After Strong Start to Year	23-01-20	DJ
AstraZeneca Might Potentially Lose Billions in 2023	23-01-20	DJ
SSE Lifts EPS Guidance on Higher Profits	23-01-20	DJ
Devro expects annual operating profit to be ahead of expectations	23-01-20	AN
FTSE 100 Recovers as Risk Appetite Improves	23-01-20	DJ
Collagen Products Maker Devro's FY22 Adjusted Operating Profit to Beat Expectations	23-01-20	MT

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Company Profile

Devro plc is a United Kingdom-based manufacturer of collagen products for the food industry. The Company operates through two segments: Emerging markets and Mature markets. The Company is a supplier of collagen casings for food, used by customers in the production of a variety of sausages and other meat products. Its product family includes edible collagen casing, non-edible collagen casing, edible collagen film, miniplastics, co-ex gels and plant-based co-ex gel. It offers sausage types, such as Bockwurst, Bratwurst, Chorizo, Debreziner, En Cheong, Frankfurter, Grillwurst, Hot Dog, Knackwurst, Ku Chien, Longaniza and Pepperoni, among others. The Company provides specialist technical advice and support for food manufacturing operations in more than 100 countries.

Sector

Food Processing

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