Darling Ingredients to acquire Valley Proteins for $1.1bn.

Darling Ingredients, an organic ingredients producer, agreed to acquire Valley Proteins, a providing services company to the meat processing and restaurant industries, for $1.1bn. "We are pleased to add Valley Proteins to our global ingredient family and we expect this acquisition to be accretive post integration. In the evolving world of ESG and global decarbonization, Valley Proteins will supplement Darling's global supply of waste fats and greases. The new supply will now provide Darling with additional low carbon feedstock to produce renewable diesel and potentially sustainable aviation fuel," Randall C. Stuewe, Darling Ingredients Chairman and CEO.