Darling Ingredients expands with Brazilian rendering company


By Nicole Kerwin, Pet Food Processing



IRVING, TEXAS ó Darling Ingredients entered an agreement May 2 to acquire FASA Group, a rendering company based in Brazil, for about R$2.8 billion ($560 million) in cash.


FASA is one of Brazilís largest independent renders, processing more than 1.3 million tons yearly and operating 14 rendering plants. The company employees about 2,400 people and is currently constructing two additional plants.


"Brazil is a leader in global agricultural commodities growth and is expected to take on a bigger role in world's meat production, making it a premier location for rendering growth," said Randall Stuewe, chairman and chief executive officer of Darling Ingredients...