Irving-based Darling Ingredients Inc. (NYSE: DAR) has entered an agreement to acquire Brazil-based gelatin and collagen peptides producer Gelnex for approximately $1.2 billion in cash, according to a news release. The transaction is scheduled to close in early 2023.
“This acquisition will allow Darling to continue to grow its presence in the health and nutrition market and increase our production capacity for grass-fed bovine collagen in South America to help meet the future demand of our collagen…
