Travers Smith LLP has advised new client SARIA Nederland B.V ('SARIA') on its £540m takeover offer for Devro plc ('Devro'), a leading manufacturer of collagen products for the food industry.
The SARIA group is a market leader in the production of quality products for human consumption, animal nutrition, aquaculture, agriculture and pharmaceutical and industrial applications.
The Travers Smith team was led by Head of Corporate M&A and ECM Andrew Gillen and Corporate Partner Richard Spedding, supported by Senior Counsel Ben Lowen and Associate Holly McKinley. Specialist advice was provided by Head of Competition Nigel Seay and Associate Tom Davies, and Head of Incentives & Remuneration Mahesh Varia and Senior Associate Hugo Twigg.
