Viscofan buys Nitta Casings for €12.1 million
The Spanish casings producer Viscofan will pay €12.1 million for both factories owned in the US and Canada by Nitta Casings, a subsidiary of the Japanese Group Nitta Gelatin. The operation was carried out with a cash disbursement of 2.5 million, in addition to another 9.6 million in financial products such as debt and pensions, according to CDeComunicacion magazine.
This purchase aims to consolidate Viscofan's activity in North America. Nitta Casings has an annual turnover of 40 million dollars and a large presence in both markets. The facilities it has are a collagen extrusion center in New Jersey (United States) with a finishing company in Ontario (Canada).
Innovation is a key pillar in Reach4Reduction™ - Cargill Animal Nutrition and Hea...
Biopower has just begun operating Brazil's first 100% biodiesel (B100) refueling point. The compa...
EFSA was asked to give a comprehensive overview of effective surveillance options and risk reduct...