|
Devro has sold its BioFilm division to a new company backed by Tate & Lyle Ventures for a nominal sum, and £3m will be invested in the dissolvable thin film technology business. 02-Jan-2008 Devro has acquired Biofilm, the Glasgow-based developer of dissolvable thin film technology that can be used as carriers for flavours and other active ingredients. 20-Dec-2004 Devro, the manufacturer of sausage casings, is said to considering plans to open a new factory in Hamilton, with the creation of 45 jobs. 04-Feb-2004 Devro, the sausage casings company, is to sell its lossmaking cellulose business to Teepak for £5m, in order to focus on its traditional collagen manufacturing operations. 23-Aug-2001 Devro is to shed jobs in the US and Belgium in order to reduce costs in its sausage skins business by £15m a year, but capital expenditure will be increased to £20m a year. 10-Sep-1999 Devro, the sausage casings company, is planning to save up to £7m a year by cutting its 3,500-strong worldwide workforce by 5%. 27-Nov-1998 Devro, the maker of sausage casings, is planning to invest £25m this year to expand capacity and upgrade technology at its plants. 19-Mar-1998 Devro has offered £11m to acquire the remaining 43.5% stake of Cutisin, the Czech maker of food casings. 17-Oct-1996 Devro International, the maker of sausage casings, is selling its Devro America business to Nitta Gelatin of Japan for $26m. 10-Apr-1996 Devro International plans to spend up to £10m in the rationalisation of Teepak International, its recently-acquired US sausage casings maker. 21-Mar-1996
|