Feed & Additive Magazine Issue 17 June 2022

NEWS 8 FEED & ADDITIVE MAGAZINE June 2022 Deep Branch and BioMar have signed a long-term strategic partnership to improve the aquaculture industry’s efficiency, profitability and sustainability. Deep Branch, BioMar agree strategic partnership Deep Branch and BioMar have signed a longterm technical and commercial partnership to redefine traditional aquaculture feed ingredients and improve the aquaculture industry’s efficiency, profitability and sustainability. The immediate focus of the cooperation will be to optimise salmon feed using Proton™, a single cell protein developed by Deep Branch for the feed industry, as a primary protein source. “The world needs to move from making pledges to taking action, and we are passionate about industrial ecology underpinning the next generation of food production. We see BioMar as a key partner in bringing Proton™ to market as its ambitious targets and commitment to collaboration fully align with ours,” said Pete Rowe, CEO Deep Branch. “At BioMar, we’re constantly seeking innovative raw materials that don’t compete with human food production and using nutrients from by-products that minimise waste. So we’re excited to have established this strategic partnership with Deep Branch,” said Paddy Campbell, VP Salmon, BioMar. To kick off the partnership, Deep Branch will transport Proton™ from its facility in the Netherlands to BioMar’s Technology Centre in Denmark to produce Proton™-based feed until the end of 2022. Darling Ingredients to acquire FASA Group for $560 million Darling Ingredients Inc., the world's leading company turning food waste into sustainable products and producer of renewable energy, announced it has entered into a definitive agreement to purchase Brazil's largest independent rendering company, FASA Group for approximately R$2.8 billion Brazilian Real in cash ($560 million USD at today's exchange rate). The transaction is subject to post-closing adjustments and a contingent payment based on future earnings growth. FASA Group processes more than 1.3 million metric tons annually through 14 rendering plants with an additional two plants under construction, and has approximately 2,400 employees. “Brazil is a leader in global agricultural commodities growth and is expected to take on a bigger role in world's meat production, making it a premier location for rendering growth,” said Randall C. Stuewe, Chairman and Chief Executive Officer, Darling Ingredients. “FASA will also supplement Darling Ingredient's global supply of waste fats, making it a leader in the supply of low carbon waste fats and oils in North and South America to be used in the production of renewable diesel,” Stuewe added. The transaction is subject to customary closing conditions, and is expected to close by the end of 2022. Darling Ingredients has entered into a definitive agreement to purchase FASA Group, Brazil’s largest independent rendering company, for around $560 million in cash.

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