Darling acquires Vion Ingredients

Darling International Inc. acquired Vion Ingredients, a division of Vion Holding N.V. for €1.6 billion ($2.2 billion) in cash. The company expects to close the deal in January 2014. Vion Ingredients is based in Son en Breugel, the Netherlands, and a leading developer and producer of specialty ingredients of animal origin for use in pharmaceuticals, food, feed, pet food, fertilizer and bioenergy. The firm consists of a global network of 58 facilities that cover all aspects of animal by-product processing under six brands – Rendac (rendering), Sonac (proteins, fats, edible fats and blood products), Ecoson (green power), Rousselot (gelatin), CTH (natural casings), and Best Hides (hides). Dirk Kloosterboer will continue as CEO of the company.  Read More