M&A Deal Summary

Saria Acquires Devro

On November 25, 2022, Saria acquired consumer products company Devro for 564M GBP

Acquisition Highlights
  • This is Saria’s 1st transaction in the Consumer Products sector.
  • This is Saria’s 0th largest (disclosed) transaction.
  • This is Saria’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2022-11-25
Target Devro
Sector Consumer Products
Buyer(s) Saria
Deal Type Add-on Acquisition
Deal Value 564M GBP
Advisor(s) Lazard Ltd.
Numis Securities Ltd. (Financial)
Clifford Chance
Shepherd and Wedderburn (Legal)

Target

Devro

Chryston, United Kingdom
Devro is a manufacturer and supplier of collagen casings for food, used by customers in the production of a wide variety of sausages and other meat products. Devro was founded in 1991 and is headquartered in Chryston, the United Kingdom.

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Buyer(S) 1

Buyer

Saria

Selm, Germany
Category Company
Sector Environmental
DESCRIPTION

Saria acts as a service provider for agricultural and food sectors (with emphasis on recycling waste from meat and food industries), as a producer of new forms of energy, and as a manufacturer of products for human consumption, pet food, aquaculture, oleo chemistry and agriculture. Saria is based in Selm, Germany.

DEAL STATS #
Overall 1 of 1
Sector (Consumer Products) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (United Kingdom) 1 of 1
Year (2022) 1 of 1
Mergr

Product

Company

Legal