Devro plc
DEITF
Other OTC3.94
USD
+1.13
- -
Return %
Stock
S&P500
1Y
40.21
18.86
3Y
40.21
64.57
5Y
40.21
71.65
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Rutger A. Helbing
- Full Time Employees
- 1,890
- Sector
- Consumer Defensive
- Industry
- Packaged Foods
- Address
- Moodiesburn Chryston United Kingdom G69 0JE
- IPO Date
- Mar 14, 2012
- Website
- devro.com
- Similar Companies
- Business
- Devro plc, a leading global manufacturer of collagen-based casings, films, and coatings for the food industry, primarily supplies edible and non-edible products used in the production of sausages, smoked meats, and other processed meat applications; its core offerings include premium edible collagen casings such as Link Fresh, Stix, and porcine variants for fresh, retail, and butcher sectors, alongside co-extrusion gels, films for high-productivity processing, and specialized casings for applications like Cumberland, breakfast, and Australasian fresh sausages. The company operates manufacturing facilities in Scotland (headquarters in Moodiesburn, Chryston), the United States, Czech Republic, Netherlands, Australia, and China, serving over 1,000 customers in more than 100 countries through direct sales to food manufacturers and distributors. Founded in 1960 as a Johnson & Johnson spin-off and headquartered in Scotland, Devro benefits from advanced food science technology emphasizing innovation, sustainability, and technical support. In April 2023, Devro was acquired by SARIA Nederland B.V., an indirect subsidiary of SARIA SE & Co. KG (part of the Rethmann Group), in a cash transaction valuing the company at approximately £564 million on a fully diluted basis, leading to its delisting from the London Stock Exchange and integration into SARIA's portfolio to enhance product offerings, R&D capabilities, and global scale while maintaining all seven manufacturing sites and UK headquarters. Post-acquisition, Devro continues to focus on strategic growth through revenue expansion in emerging markets like China, manufacturing efficiency upgrades, and sustainable product differentiation aligned with Science Based Targets initiative for Scope 1, 2, and 3 emissions reductions by 2025, 2030, and net zero.