Darling Int'l Inks $2B Deal To Buy Vion Ingredients Biz

Law360, New York (October 7, 2013, 11:16 AM EDT) -- Texas-based Darling International Inc. said on Monday that it plans to scoop up the ingredients division of Vion Holding N.V. for €1.6 billion ($2.17 billion), adding the Dutch unit as part of its efforts to create a global market leader in processed slaughterhouse byproducts.

The deal falls in line with Darling's “planned global growth strategy,” Darling CEO Randall C. Stuewe said during a conference call on Monday. The all-cash deal pairs Darling's leading position in North America and Vion Ingredients' in Europe, the companies said....
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