none

STARCH-MOULDING TECHNOLOGY SWEETENS ACQUISITION DEAL

13-03-2017
by 
in 

Food processing and packaging equipment supplier tna has acquired Australian confectionery equipment supplier NID, a company known for its pioneering work in developing starch-moulding equipment.

NID has been supplying the confectionery industry for more than 60 years. It was founded by Hans Arthur Faerber in Sydney in 1952, and was the first company worldwide to patent the current form of tray stacking on a starch mogul. To date, more than 600 NID moguls have been installed across the globe.

The latest high-speed M3000 Mogul is capable of production speeds of up to 35 trays per minute, and is suitable for a wide range of starch-moulded products, from gums and jellies to fondant creams and liquorice.

“The integration of NID into the tna family is excellent news for our customers around the world,” comments Esther Faerber, Chairman of NID and daughter of the late Hans Arthur Faerber. “tna’s extensive resources, including its experienced sales and service team, multiple manufacturing sites and well-established global distribution network will enable us to better service our existing customers by reducing lead times and accelerating time to market.

“It’s a great opportunity for both companies and I’m sure that our shared commitment to engineering excellence and continuous research and development will provide a fantastic basis for the production of market-leading designs that will continue to ‘break the mould’.”

tna solutions
02 9714 2300
www.tnasolutions.com

Related news & editorials

  1. 21.01.2019
    21.01.2019
    by      In
    Australia’s largest automotive industry event heads to Melbourne in 2019, with the Australian Auto Aftermarket Expo running at the Melbourne Convention & Exhibition Centre from Thursday 4th to Saturday 6th April. The event will feature more than 400 exhibitors and upwards of 10,000 professional... Read More
  2. 18.01.2019
    18.01.2019
    by      In
    Sydney-based food processing and packaging specialist tna has named Jonathan Rankin as Chief Executive Officer. Having recently returned to tna as Chief Sales Officer, Rankin will now lead tna’s day-to-day operations, while focusing on the implementation of new processes that will take the company’... Read More
  3. 17.01.2019
    17.01.2019
    by      In
    Despite an increased global focus on IoT security, the latest report from security specialist Gemalto reveals that only around half (48%) of businesses can detect if any of their IoT devices suffers a breach. “The state of IoT security” also finds that the proportion of companies’ IoT budgets spent... Read More
  4. 17.01.2019
    17.01.2019
    by      In
    Online entries for the Australian Packaging and Processing Machinery Association Awards of Excellence will close on 26th January, with judging set to begin on 28th January. The award winners will be announced at the Gala Awards Ceremony on 27th March.
    According to APPMA Chairman Mark Dingley, “... Read More