date:Jul 19, 2012
The Scottish firm manufactures and distributes goods derived from collagen, and is the world leader in sausage casing. It has sites in Scotland, the USA, Czech Republic and Australia.
Analyst Nicola Mallard said in a note that Devro was operating in an expanding market, with global growth for edible collagen casings benefiting from increased demand from developing and emerging markets such as China.
New products, such as its Select casing a cheaper alternative to sheep gut were currently selli