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Darling Ingredients agreed to acquire Miropasz Group, a Polish rendering company, for about €110 million. Miropasz processes roughly 250,000 metric tons of poultry byproducts yearly through three plants and is expected to close in Q3 2023.
The deal consolidates poultry rendering capacity in Europe, which affects the supply of animal fats and meals used in feed; it is a corporate move with little immediate price effect.
meatpoultry.comNicole KerwinNov 15, 2022Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
