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Slide #32. Darling International Inc. — Rothsay Rendering Business
Darling International Inc. (NYSE:DAR)
Rothsay Rendering Business
Darling International Inc. (NYSE: DAR) today announced that it has completed its acquisition of Rothsay, the rendering and biodiesel division of Maple Leaf Foods Inc. The purchase price for the transaction was approximately CAD $645 million in cash.
Darling Ingredients is a global developer and producer of natural ingredients from edible and inedible bio-nutrients. Co.'s segments include: Feed Ingredients, which includes the collection and processing of beef, poultry and pork animal by-products in North America and Europe into non-food grade oils and protein meals; Food Ingredients, which includes the purchase and processing of beef and pork bone chips, beef hides, pig skins, and fish skins into collagen in Europe, China, South America and North America; and Fuel Ingredients, which converts animal fats, recycled greases, used cooking oil, inedible corn oil, soybean oil, or other feedstocks into renewable diesel.
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Strong Buy (3.60 out of 4)