Industry News | August 25, 2008

Darling International Buys Three Grease Facilities

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Darling International Inc. (NYSE: DAR - News) has completed its acquisition of substantially all of the assets of API Recycling's used cooking oil collection business. API Recycling is a division of American Proteins Inc., and it operated three facilities in the state of Georgia servicing surrounding states. Darling International Inc. Chairman and CEO Randall Stuewe said, "We are excited about our acquisition of API's three facilities in Georgia. These modern facilities will help us continue our strategy of broadening our national footprint in the restaurant services segment."

Darling International Inc. is a publicly traded, food processing by-products recycling company in the U.S. The company recycles used restaurant cooking oil and by-products from the beef, pork, and poultry processing industries into useable products such as tallow, feed-grade fats, meat and bone meal, and hides. These products are primarily sold to agricultural, leather, oleo-chemical and bio-diesel manufacturers around the world. In addition, the company provides grease trap collection services and sells equipment to restaurants.

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