SK&S advised Darling Ingredients Inc. on the acquisition of Miropasz sp. z o.o.

SK&S’ M&A team advised Darling Ingredients Inc. – the world’s leading company turning food waste into sustainable products and producer of renewable energy; listed on the New York Stock Exchange – in an acquisition of 100% of the shares in Miropasz sp. z o.o., the Polish rendering company, for approximately EUR 110 million, subject to post-closing adjustments. The transaction is subject to customary closing conditions and is expected to close in the third quarter of 2023.

Darling Ingredients Inc. is the largest publicly traded company turning edible by-products and food waste into sustainable products and is a leading producer of renewable energy. Recognised as a leader of sustainability, the company operates more than 270 plants in 17 countries and repurposes approximately 15% of the world’s meat industry waste streams into value-added products.

Miropasz is a leading rendering company in Poland which processes approximately 250,000 metric tons annually through its three poultry rendering plants in southeast Poland (Mirowice, Pszczonów, and Krasnystaw) and has approximately 225 employees.

Darling was represented by SK&S’ M&A team consisting of Łukasz Berak (Partner), Michał Dawidowicz (Senior Associate), Paweł Bochnia (Associate), and Magda Kowalczyk (Associate).

SK&S’ M&A team was supported by lawyers working in various legal departments, including: Tomasz Duchniak (Senior Counsel, Environment), Aneta Bąk (Associate, Environment), Bartłomiej Dębski (Senior Associate, Real Estate), Michał Oleś (Associate, Real Estate), and Filip Sodulski (Senior Counsel, Employment).

The Sellers were represented by a legal team consisting of Sebastian Ponikowski and Marta Joanna Szymczyk, from the law firm Ponikowski Rzepka Kancelaria Prawna sp. k.; and experts from PwC Polska, Marcin Byrt, Krzysztof Kaźmierczak, and Krzysztof Witkowski.