tna expands confectionery portfolio with acquisition of NID
Food processing and packaging equipment supplier tna has announced the acquisition of Australian confectionery equipment supplier NID. Known for its development of starch moulding equipment, NID has been supplying complete mogul lines for the confectionery industry for over 60 years.
The acquisition forms part of tna’s long-term strategic expansion plan, which will move the company closer to becoming a leading single-source supplier to the confectionery industry.
Founded by entrepreneur and innovator Hans Arthur Faerber in Sydney in 1952, NID was the first company worldwide to patent the current form of tray stacking on a starch mogul. Today, more than 600 NID moguls are installed across the globe.
The acquisition will see all of NID’s staff become integrated into the tna group.
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