TNA expands confectionery portfolio with NID buy

Food processing and packaging equipment supplier TNA is expanding its confectionery portfolio by acquiring Australian starch moulding specialist NID.

Founded in Sydney in 1952, NID supplies complete mogul lines for the confectionery industry. It was the first company worldwide to patent the current form of tray stacking on a starch mogul.

Its latest generation of high-speed M3000 Mogul is capable of production speeds of up to 35 trays per minute. Accommodating a wide range of depositing pumps, the M3000 is suitable for starch-moulded products such as gums, jellies, marshmallows, fondant creams, liquorice and crusted liqueur.

The acquisition provides TNA with access to NID’s starch moulding technology and forms part of TNA’s long-term strategic expansion plan, which will move the company one step closer to becoming a leading single source supplier to the confectionery industry.

“Expanding our services and products to more industry segments like confectionery forms a key element of our business strategy and NID was the obvious choice when it came to finding a company that would enable us to further grow our portfolio,” says Bob Fritz, chief business development officer at TNA.

“All of NID’s equipment is based on the same concept of mechanical simplicity and accessibility as our own technology. This ensures food manufacturers benefit from the highest level of equipment reliability, ultimate ease of use and complete investment security.”

NID chairman Esther Faerber adds, “The integration of NID into the TNA family is excellent news for our customers around the world.”

“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.”

Financial terms of the deal have not been disclosed.