# SARIA Group reaches agreement to acquire Devro

SARIA Group and Devro reached an agreement for SARIA to acquire Devro, a leading supplier of collagen casings for food. The combination will bring together two international businesses with complementary product portfolios.

- Type: Acquisition
- Announced: 2022-11-25
- Where: United Kingdom
- Value: $650.0M (540.0M GBP)
- Status: announced
- Products: collagen casings for food
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [SARIA](https://endata.com/companies/12185.md) (acquirer)
- [Devro](https://endata.com/companies/66866.md) (target)

## Sources

- [saria.co.uk](https://www.saria.co.uk/saria-and-devro-reach-agreement-on-potential-acquisition/), 2022-11-25: "The proposed combination of Devro, one of the world’s leading suppliers of collagen casings for food, and the SARIA Group will bring together two leading international businesses with complementary product portfolios."
- [foodmanufacture.co.uk](https://www.foodmanufacture.co.uk/Article/2022/11/29/devro-acquired-in-540m-takeover-deal/), 2022-11-29: "Sausage casings manufacturer Devro has agreed to a £540m takeover offer from Selm, Germany-based Saria."

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