# Viscofan to acquire Nitta Casings for $13.5M

Viscofan has agreed to acquire 100% of Nitta Casings in the US and Canada from Nitta Gelatin Group for an enterprise value of $13.5 million. The deal includes collagen casing manufacturing centers in New Jersey and Ontario.

- Type: Acquisition
- Announced: 2020-01-03
- Where: New Jersey, US and Ontario, Canada, United States
- Value: $13.5M
- Status: announced
- Products: collagen casings, collagen gel, biomedical products
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [Viscofan](https://endata.com/companies/12543.md) (acquirer)
- [Nitta Gelatin](https://endata.com/companies/29198.md) (partner)
- [Nitta Casings](https://endata.com/companies/44295.md) (target)

## Sources

- [foodnavigator.com](https://www.foodnavigator.com/Article/2020/01/03/Viscofan-to-acquire-Japanese-firm-Nitta-Casings/), 2020-01-03: "Nitta Casings’ acquisition is a landmark for Viscofan."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.