US-headed Darling Ingredients Inc., a global developer, and producer of sustainable natural ingredients from edible and inedible bio-nutrients has announced that it has entered into a definitive agreement to purchase Polish rendering company, ZPR Miropasz M. Wiczynski sp.j. (Miropasz Group) for approximately EUR 110 million, subject to post-closing adjustments.
Miropasz Group processes approximately 250 000 tonnes annually through three poultry rendering plants in southeast Poland – Mirowice, Pszczonow, and Krasnystaw respectively – and has approximately 225 employees.
As the number one poultry producer in Europe, Poland plays a significant role in feeding the world. We believe meat production in Poland will continue to grow, and this acquisition provides a nice bolt-on to Darling’s existing three plants in central and western Poland and once again displays our commitment toward building out our global supply for low-carbon feedstocks, said Randall C. Stuewe, Chairman and CEO of Darling Ingredients.
The transaction is subject to customary closing conditions and is expected to close in the third quarter of 2023.