video-banner
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. 23.08.2019
    23.08.2019
    by      In
    Leading gas and engineering company BOC, a subsidiary of Linde plc, has commenced Queensland’s first renewable hydrogen project at its production facility in Bulwer Island, Brisbane.
    The $3.1 million end-to-end renewable hydrogen supply project has received $950,000 of funding from the Australian... Read More
  2. 22.08.2019
    22.08.2019
    by      In
    Kingfield Galvanizing, located in the northern Melbourne suburb of Somerton, has been recognised as one of Australia and New Zealand’s most innovative companies. The prestigious annual Most Innovative Companies list, published by The Australian Financial Review and Boss Magazine, is based on a... Read More
  3. 21.08.2019
    21.08.2019
    by      In
    Australian quantum cybersecurity specialist QuintessenceLabs is leading a project to develop a new breed of microchip-scale quantum random number generators to improve IoT security.
    The consortium also includes the University of New South Wales, the Australian Semiconductor Technology Company,... Read More
  4. 20.08.2019
    20.08.2019
    by      In
    The first electric cargo van assembled by the Australian Clean Energy Electric Vehicle Group (ACE-EV) has been revealed at the Tonsley Innovation District in Adelaide’s southern suburbs.
    The venue was significant, as the innovation hub is located in the former Mitsubishi Motors main assembly... Read More