Darling International expects to close on the purchase of Rothsay, the rendering and biodiesel division of Maple Leaf Foods, on October 28, subject to satisfaction of any remaining conditions. The Competition Act condition required to proceed with the purchase was announced on October 3, clearing the way for the transaction to close.
Rothsay is the leading recycler of animal byproducts in Canada, and it collects, processes, and recaptures edible and inedible byproducts. Rothsay processes raw materials into finished products of fats and proteins. Rothsay has a network of five rendering plants in Manitoba, Ontario and Nova Scotia, and a biodiesel operation in Quebec, Canada. Its 550 employees will transition to Darling International when the transaction closes.
Darling International Inc., based in Irving, Texas, is the largest and only publicly traded provider of rendering and bakery residuals recycling solutions to the food industry. The company recycles beef, poultry and pork byproduct streams into usable ingredients, such as tallow, feed-grade fats, meat and bone meal, poultry meal and hides. The company also recovers and converts used cooking oil and commercial bakery residuals into valuable feed and fuel ingredients. These products are primarily sold to agricultural, pet food, leather, oleo-chemical and biodiesel manufacturers around the world. In addition, the company provides grease trap collection services and sells used cooking oil collection equipment to restaurants.
Maple Leaf Foods food processing company is headquartered in Toronto, Canada.