US renderer and renewable diesel producer Darling Ingredients is set to acquire Polish rendering company Miropasz for €110M (US$110M).
The acquisition was expected to close in the third quarter of next year, subject to post-closing adjustments, Darling Ingredients said on 2 November.
“As the number one poultry producer in Europe, Poland plays a significant role in feeding the world,” Darling Ingredients chairman and CEO Randall C Stuewe said.
“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.”
Miropasz operates three poultry rendering plants in southeast Poland – in Mirowice, Pszczonow and Krasnystaw – with a processing capacity of approximately 250,000 tonnes/year.
According to its website, Miropasz processes poultry animal by-products (ABP), which are used in the manufacture of fat and processed animal products (PAP).
Darling Ingredients operates more than 270 plants in 17 countries and repurposes nearly 15% of the world’s meat industry waste streams into products, such as green energy, renewable diesel, collagen, fertiliser, animal proteins and meals and pet food ingredients.