"Blooming the gelatin"

Darling Completes Acquisition of Brazilian Producer of Gelatin, Collagen

April 3, 2023
Brazil-based Gelnex is expected to add significant capacity to Darling Ingredients’ gelatin and collagen portfolio.

Darling Ingredients Inc., food waste converter and producer of renewable energy, completed its approximately $1.2 billion acquisition of Brazil-based Gelnex, a global producer of gelatin and collagen products, on March 31.

The company first announced the acquisition in October 2022, which includes five facilities in South America and one in the United States, with the capacity to produce 46,000 metric tons of gelatin and collagen products annually. According to a release from the company, Darling Ingredients estimates that Gelnex will contribute approximately $75 million in EBITDA toward Darling's earnings in 2023, net of inventory and integration costs.

About the Author

Andy Hanacek | Senior Editor

Andy Hanacek has covered meat, poultry, bakery and snack foods as a B2B editor for nearly 20 years, and has toured hundreds of processing plants and food companies, sharing stories of innovation and technological advancement throughout the food supply chain. In 2018, he won a Folio:Eddie Award for his unique "From the Editor's Desk" video blogs, and he has brought home additional awards from Folio and ASBPE over the years. In addition, Hanacek led the Meat Industry Hall of Fame for several years and was vice president of communications for We R Food Safety, a food safety software and consulting company.

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