North Lanarkshire-based Devro says the deal with German-owned Saria is 'attractive'.
Scottish sausage-skin maker Devro has agreed to a £540m takeover offer from a German company.
One of Saria's subsidiaries also makes sausage casings and already distributes Devro products in Brazil.The latest headlines from Scotland "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. Devro, which is headquartered in Moodiesburn, has seven sites around the world, including in Scotland, China and Czechia.
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