Devro, the Moodiesburn-based sausage skin maker, has agreed to a takeover by a company owned by one of Germany's richest families.
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., said the enterprise value was £667 million.
Steve Good, chairman of Devro, said: "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. As a result, the Devro directors have agreed unanimously to recommend that Devro's shareholders accept the offer from Saria."
Danmark Seneste Nyt, Danmark Overskrifter
Similar News:Du kan også læse nyheder, der ligner denne, som vi har indsamlet fra andre nyhedskilder.
Lanarkshire mum 'forced to send kids away' after asbestos and dampness found in council houseCheryl was horrified when she discovered the 'catalogue of issues' in their new two-bedroom home after she hired workmen to decorate and has since had to send her children to live with their grandparents.
Læs mere »
Angry crowds protest outside home of alleged 'sex offender'ANGRY crowds protested outside a home in North Lanarkshire last night.
Læs mere »
Germany engage in team photo protest as DFB look into legality of OneLove ban by FIFAGermany were one of seven nations set to wear the OneLove armband before the ban by FIFA, but won't be silenced. Good for them. Spain next, please.
Læs mere »
Everton's Townsend tells Bellingham to stay in Germany amid links to Liverpool and CityJude Bellingham has been advised to stay in Germany and ignore Premier League interest for now, by Everton’s Andros Townsend. Bellingham has been stunning for Borussia Dortmund and has alread…
Læs mere »
Germany players in powerful protest against decision to ban OneLove armbandsThe Germany team made a protest against FIFA’s decision to ban the OneLove armband at the Qatar World Cup, covering their mouths before their clash with Japan to signal that they have been silenced GERJPN
Læs mere »