Darling Ingredients Inc. announced on May 11, 2025, the signing of a non-binding term sheet with Tessenderlo Group to combine their collagen and gelatin segments into a new company named Nextida™. This strategic partnership aims to create a top-tier global player in collagen-based health, wellness, and nutrition products.
Darling Ingredients will hold an 85% ownership stake in Nextida™, with Tessenderlo Group holding the remaining 15%, requiring no initial cash investment from either party. The new company will integrate Darling's Rousselot brand with Tessenderlo Group’s PB Leiner business, creating a combined entity with expected annual revenue of approximately $1.5 billion.
Nextida™ will boast a total gelatin and collagen capacity of about 200,000 metric tons across 23 facilities located in South America, North America, Europe, and Asia. This integration is expected to provide significant opportunities for synergies, accelerated product development, and increased earnings in the rapidly growing collagen market. The transaction is subject to definitive documentation and regulatory approvals, with an expected close in 2026.
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