tna acquires NID

Australian food and packaging machinery supplier tna has announced to acquire the specialist for mogul plants NID. Tna-CEO Alf Taylor said that NID fits perfectly into the tna-portfolio. NID was found in Hans Arthur Faerber in 1952. Over the years NID installed over 600 mogul plants worldwide. “The integration of NID into the tna family is excellent news for our customers around the world,” comments Esther Faerber, NID chairman 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’.”