Acquisition of Vion Ingredients valued at $2.17 billion
Darling International, a leading provider of rendering, recycling and recovery solutions to the nation’s food industry, completed its acquisition of Vion Ingredients, a division of Vion Holding and a member of the Vion Food Group, for approximately EUR1.6 billion (US$2.17 billion) in cash. The completion of the Vion Ingredients acquisition was announced on January 8.
Vion Ingredients is a worldwide leader in the development and production of specialty ingredients from animal origin for applications in pharmaceuticals, food, feed, pet food, fertilizer and bio-energy. Headquartered in Son en Breugel,the Netherlands, Vion Ingredients’ global network of facilities on five continents covers all aspects of animal by-product processing through six brands including Rendac (rendering), Sonac (proteins, fats, edible fats and blood products), Ecoson (green power), Rousselot (gelatin), CTH (natural casings), and Best Hides (hides).