IRVING,
Texas, Nov. 2, 2022 /PRNewswire/ -- Darling
Ingredients Inc. (NYSE: DAR), the world's leading company
turning food waste into sustainable products and producer of
renewable energy, today announced it has entered into a definitive
agreement to purchase Polish rendering company, Miropasz Group for
approximately €110 million Euros, subject to post-closing
adjustments. Miropasz processes approximately 250,000 metric
tons annually through three poultry rendering plants in southeast
Poland (Mirowice, Pszcaonow and
Krasnystaw), and has approximately 225 employees.
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"As the number one poultry producer in Europe, Poland plays a significant role in feeding the
world," said Randall C. Stuewe,
Chairman and Chief Executive Officer, Darling Ingredients. "We
believe meat production in Poland
will continue to grow, and this acquisition provides a nice bolt-on
to Darling's existing three plants in central and western
Poland and once again displays our
commitment toward building out our global supply for low-carbon
feedstocks."
The transaction is subject to customary closing conditions and
is expected to close in the third quarter of 2023.
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 more than 270 plants in 17 countries and
repurposes approximately 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.
Darling Ingredients
Contacts
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Investors:
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Suann
Guthrie
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VP, Investor Relations,
Sustainability & Communications
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(469) 214-8202;
suann.guthrie@darlingii.com
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Media:
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Jillian
Fleming
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Director, Global
Communications
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(972) 545-7115;
jillian.fleming@darlingii.com
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SOURCE Darling Ingredients Inc.