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Darling Ingredients (85%) And Tessenderlo Group (15%) To Merge Collagen Units Into $1.5B Global Venture Nextida

Benzinga·05/12/2025 07:46:10
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  • Creates ~$1.5 billion revenue company in fast-growing collagen-based health, nutrition and food sectors
  • 85% owned and consolidated by Darling Ingredients
  • Non-cash transaction, combining assets, capabilities
  • Strengthens foundation around serving food and pharma customers
  • Provides a platform for accelerated product development and growth
  • Creates an opportunity to unlock significant shareholder value