Devro plc
DEVOY
Other OTC7.15
USD
- -
- -
Return %
Stock
S&P500
1Y
59.24
26.53
3Y
59.24
76.60
5Y
59.24
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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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
- Sep 27, 2013
- Website
- devro.com
- Similar Companies
- Business
- Devro plc manufactures and supplies collagen-based casings, films and coatings for the food industry, primarily for sausages and other meat products; its core offerings include edible casings for high-temperature cooking, frying and grilling applications, premium knack and bite casings with superior sensory qualities, gut-like knack casings for tender bite and natural appearance, snacking market casings with coloured options for enhanced shelf appeal, and co-extrusion collagen gels for smoked sausage, bratwurst and frankfurters. The company provides non-edible collagen casings, films and plastic casings, serving over 1,000 food manufacturers and distributors in more than 100 countries across emerging and mature markets. Devro operates manufacturing facilities in Scotland (UK), the United States, Czech Republic, Netherlands, Australia and China, with global headquarters in Moodiesburn, Chryston, United Kingdom; founded in 1960 as a Johnson & Johnson spin-off, it transitioned to private limited company status in April 2023 following its acquisition by Bidco in a recommended cash transaction valued at approximately £564 million. Recent strategic developments include the closure and reconfiguration of its UK Bellshill facility with transfer of production lines to the Czech Republic, alongside capacity expansions and line upgrades in Czech and Chinese plants to support growth; the company continues to invest in manufacturing efficiency, yield improvements and new product differentiation under initiatives like Devro 100, while maintaining a focus on sustainable innovation and technical support for customers.
Why Saria Is Buying Devro (DEVOY) For £540 Million