Darling Ingredients Inc
http://www.darpro-ingredients.com
Darling Ingredients Inc
About Company
DAR PRO Ingredients is a global leader in animal nutrition solutions. Whether you are a manufacturer of pet food, livestock feed or aqua feed, we can provide you with essential and customizable fats and proteins that will enhance the quality and value of your product, while also improving your sustainability performance.
Whether you operate a large meat or poultry processing plant or a cattle business, we understand you need a reliable, responsible and professional service provider to handle your inedible meat co-products or remove animal mortalities. For centuries, this material was rendered to make soap. Today, rendering is the most effective and bio-secure solution for the disposal of your operation’s inedible animal co-products. By partnering with DAR PRO Ingredients, you are actively protecting our environment by diverting millions of tons of material from landfills as we recycle it into feed ingredients, consumer and industrial products and renewable fuels. DAR PRO Ingredients creates a broad line of fats and proteins that contribute to nutritional balance and digestibility in pet food, feed and aqua feed solutions.
Company News
Minerals
1+ MIN
04/08/2022
Darling Ingredients Inc. Completes Acquisition of Brazil's Largest Independent Rendering Company, FASA Group
The company first announced the acquisition in May 2022 for a purchase price of approximately R$2.8 billion Brazilian Real in cash ($542.6 million USD at today's exchange rate), plus or minus various closing adjustments and a contingent payment based on future earnings growth. As part of the transaction, Darling Ingredients has acquired 14 plants that process more than 1.3 million metric tons annually, with an additional two plants under construction.
"Brazil will play a big role in feeding a growing world population, which makes it a premier location to grow our specialty ingredients business," Randall C. Stuewe, Chairman and Chief Executive Officer, Darling Ingredients. "FASA is a well-run business, will be immediately accretive and further de-risks the supply chain by providing an additional source of non-food based, low-carbon waste fats to be used in the production of renewable diesel and sustainable aviation fuel."
About Darling
Darling Ingredients Inc. (NYSE: DAR) is the largest publicly traded company turning edible by-products and food waste into sustainable products and a leading producer of renewable energy. Recognized as a sustainability leader, the company operates 250 plants in 17 countries and repurposes nearly 15% of the world's meat industry waste streams into value-added products, such as green energy, renewable diesel, collagen, fertilizer, animal proteins and meals and pet food ingredients. To learn more, visit darlingii.com. Follow us on LinkedIn.
Contact: Suann Guthrie
VP, Investor Relations, Sustainability & Communications
(469) 214-8202, [email protected]
Market Information
2+ MIN
09/05/2022
Darling Ingredients Inc. to Acquire Largest Independent Brazilian Rendering Company, FASA Group
For approximately R$2.8 billion Brazilian Real in cash ($560 million USD at today's exchange rate), subject to post-closing adjustments and a contingent payment based on future earnings growth. FASA Group processes more than 1.3 million metric tons annually through 14 rendering plants with an additional two plants under construction, and has approximately 2,400 employees. "Brazil is a leader in global agricultural commodities growth and is expected to take on a bigger role in world's meat production, making it a premier location for rendering growth," said Randall C. Stuewe, Chairman and Chief Executive Officer, Darling Ingredients. "FASA will also supplement Darling Ingredient's global supply of waste fats, making it a leader in the supply of low carbon waste fats and oils in North and South America to be used in the production of renewable diesel." The transaction is subject to customary closing conditions, and is expected to close by the end of 2022. About Darling Darling Ingredients Inc. (NYSE: DAR) is the largest publicly traded company turning food waste into sustainable products and a leading producer of renewable energy. Recognized as a sustainability leader, the company operates 250 plants in 17 countries and repurposes nearly 10% of the world's meat industry waste streams into value-added products, such as green energy, renewable diesel, collagen, fertilizer, animal proteins and meals and pet food ingredients. To learn more, visit darlingii.com. Follow us on LinkedIn. Source: Darling Ingredients
Vegetable Origin
1+ MIN
06/05/2022
Darling Ingredients Inc. Completes Acquisition of Valley Proteins
The company first announced the acquisition in December 2021 for a purchase price of $1.1 billion, plus or minus various closing adjustments. As part of the transaction, Darling Ingredients has acquired 18 major rendering plants and used cooking oil facilities throughout the southern, southeast and mid-Atlantic regions of the U.S. "We are excited to welcome Valley Proteins to the Darling Ingredients family," said Randall C. Stuewe, Chairman and Chief Executive Officer. "Valley Proteins has built a successful rendering and used cooking oil business that immediately strengthens our base business and expands our ability to provide additional low carbon intensity feedstocks to fuel the growing demand for renewable diesel." About Darling Darling Ingredients Inc. (NYSE: DAR) is the largest publicly traded company turning food waste into sustainable products and a leading producer of renewable energy. Recognized as a sustainability leader, the company operates 250 plants in 17 countries and repurposes nearly 10% of the world's meat industry waste streams into value-added products, such as green energy, renewable diesel, collagen, fertilizer, animal proteins and meals and pet food ingredients. To learn more, visit darlingii.com. By Darling Ingredients
