Canadian Manufacturing

$645M sale of Maple Leaf’s rendering, biodiesel unit a go

by Canadian Manufacturing Daily Staff   

Canadian Manufacturing
Operations Energy Food & Beverage Food Manufacturing mergers and acquisitions


Sale of Rothsay to Texas-based Darling International Inc. expected to close Oct. 28

TORONTO—Maple Leaf Foods Inc. says the $645-million sale of its rendering and biodiesel unit will go ahead as announced, closing later this month.

First announced in August, the Canadian food maker is selling its Rothsay business to Texas-based Darling International Inc., including six renderings plants in Manitoba, Ontario, Quebec and Nova Scotia, and a biodiesel facility in Quebec.

The company plans to use proceeds from the deal to pay down down.

The transaction is expected to close Oct. 28.

Advertisement
Stories continue below
Print this page

Related Stories
Maple Leaf Foods selling rendering, biodiesel business for $645M
BIOX joint venture to buy Houston, Texas biodiesel plant for $20M
Magna closes on $525M sale of interiors unit to Grupo Antolin
BIOX buys idle Sombra, Ont. biodiesel plant from Methes Energies for US$4.5M