secwatch.observer — SEC 8-K summary
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Issuer:     DARLING INGREDIENTS INC. (DAR)
CIK:        0000916540
Form:       8-K
Filed at:   2023-04-03T23:59:59+00:00
Accession:  0000916540-23-000013
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Darling Ingredients completes $1.2B acquisition of Gelnex, gelatin and collagen producer
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- Acquisition closed on March 31, 2023; purchase price ~$1.2B in cash plus adjustments.
- Darling acquires five South American facilities and one U.S. facility with 46,000 metric tons annual capacity.
- Gelnex expected to contribute ~$75M EBITDA in 2023 net of inventory and integration costs.
- Deal is immediately accretive; expands collagen and gelatin capabilities under Rousselot brand.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/916540/000091654023000013/0000916540-23-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/916540/000091654023000013/dar-20230331.htm
  HTML page:      https://secwatch.observer/filing/0000916540-23-000013

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer