Darling Ingredients to acquire Valley Proteins for $1.1B

Darling Ingredients Inc. has agreed to acquire 100% of the shares of Valley Proteins Inc. for approximately US$1.1 billion in cash. Valley Proteins operates 18 major rendering and used cooking oil facilities throughout the southern, southeast and mid-Atlantic regions of the U.S., and employs 1,900 employees and operates a fleet of 550 vehicles.