Darling Ingredients Acquires Valley Proteins

Darling Ingredients Acquires Brazil's FASA Group

August 1, 2022

Food & Beverage

Darling Ingredients Inc. completed the acquisition of FASA Group, Brazil's largest independent rendering company, for approximately R$2.8 billion (about $542.6 million USD) plus customary adjustments and a contingent earnout. The deal adds 14 operating rendering plants (with two more under construction) and secures significant feedstock for Darling's specialty ingredients and renewable fuels businesses while expanding its presence in Brazil.

Viterra Acquires Gavilon's Grain and Ingredients Business

October 3, 2022

Agriculture

Viterra Limited has closed its purchase of the grain and ingredients business of Gavilon Agriculture Investment, Inc. from Marubeni America Corporation for US$1.125 billion plus working capital and customary adjustments. The acquisition adds Gavilon's origination, storage and distribution footprint across major U.S. growing regions to Viterra's global agriculture network and will be integrated under the Viterra brand.

Valio Acquires Raisio's Härkis and Beanit Plant Protein Business

February 13, 2025

Food & Beverage

Valio has acquired Raisio plc’s plant protein business, including the Härkis and Beanit brands and the Kauhava production equipment, for EUR 7 million. Sixteen employees and the related fixed assets will transfer to Valio as it expands its plant-based product production and capabilities.

Worldwide Produce Acquires Valley Food Services

June 15, 2022

Food & Beverage

Worldwide Produce, a portfolio company of Sole Source Capital, has acquired Valley Food Services, a fresh produce and dairy distributor serving the Coachella Valley. The add-on expands Worldwide Produce's presence in the Coachella Valley and complements its West Coast distribution network; terms were not disclosed.

Veos Group Acquires OvaInnovations' U.S. Operations

November 6, 2024

Food & Beverage

Veos Group has acquired the activities/operations of OvaInnovations, a producer of inedible egg proteins, giving Veos production capabilities in the United States. The deal expands Veos Group’s global footprint and strengthens its ACTIPRO portfolio for food, feed and pet food customers.

Trinity Investors Recapitalizes Devansoy Inc.

September 14, 2022

Food & Beverage

Trinity Investors, a private equity firm based in Southlake, Texas, invested $27.0 million in Devansoy to recapitalize and fund the company's growth. Devansoy, based in Rock City, Illinois, is a third-party manufacturer of oat, soy, and pea protein bases for dairy-alternative products and will use the capital to expand capacity and capture rising demand for plant-based ingredients.