Darling Ingredients To Acquire Brazilian Collagen Producer Gelnex, Increasing Production Capacity For Grass-Fed Bovine Collagen
Oct 18, 2022•about 3 years ago
Acquiring Company
Darling Ingredients
Acquired Company
Collagen Producer Gelnex
Description
Darling Ingredients Inc. (NYSE: DAR) the world's leading company turning food waste into sustainable products and producer of renewable energy, today announced it has entered into a definitive agreement to acquire all of the shares of Gelnex, a leading global producer of collagen products (including gelatin and collagen peptides), for approximately $1.2 billion USD in cash. The transaction is subject to customary regulatory approvals and is anticipated to close in first quarter 2023.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed