Darling International Inc. Completes VION Ingredients Acquisition
09 Jan 2014 --- Darling International Inc. announced that it has completed its acquisition of VION Ingredients, a division of VION Holding N.V. (a member of the VION Food Group), for approximately EUR1.6 billion in cash.
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).
On 7 October 2013, VION announced that it had entered into a final agreement with Darling International on the sale of VION Ingredients. This sale followed the announcement made on 24 April 2013 when VION’s board announced that it would make VION’s two main activities, Food and Ingredients, independent.
