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Slide #49. Darling International Inc. — The Rothsay Rendering Business From Maple Leaf Foods Inc.
Darling International Inc. (NYSE:DAR)
The Rothsay Rendering Business From Maple Leaf Foods Inc.
Darling International Inc. (NYSE: DAR), a leading provider of rendering, recycling and recovery solutions to the nation's food industry, today announced that it has entered into a definitive agreement to acquire all of the assets of Rothsay, a division of Maple Leaf Foods Inc. for approximately CAD $645 million in cash. Rothsay is the leading recycler of animal by-products in Canada and provides an essential service for the efficient and environmentally responsible collecting, processing and recapturing of edible and inedible by-products. Rothsay processes raw materials into finished products of fats and proteins. These finished products are sold in domestic and international markets including the United States, Europe, Mexico and South America. Rothsay also manufactures biodiesel for domestic and international markets.
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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