With our roots dating back to the late 19th century, we have evolved from a small rendering company into the world’s leading innovative developer and producer of sustainable organic ingredients. Our unique broad product and service portfolio is active all over the world, customized for high end markets and local needs.
Our legacy as the original recycler motivates us to continue to lead the way in creating sustainable solutions for today’s and future generations.
Ira C. Darling & Company is formed in Chicago, Illinois, as a partnership between the Swift family meatpacking business of Chicago, Illinois, and the Darling family fertilizer company of Pawtucket, Rhode Island
Darling & Company, an Illinois corporation, is formed
Darling & Co acquires The Van Iderstine Company, expanding into the New York area
The acquisition and building of facilities throughout the Great Lakes region enables the firm to expand operations in feed, fertilizers and fatty acids
The Van Iderstine Company and several other Darling-acquired entities merge to create Darling-Delaware Company, Inc., a Delaware corporation
A Texas investor group purchases Darling-Delaware Company, Inc. and moves the company headquarters from Chicago to Dallas
The firm grows by acquiring numerous other renderers
A $180 million dividend is paid via bond issuance
Completes equity for debt restructuring
Dividend recipients surrender ownership to bondholders
Darling-Delaware Company, Inc. changes its name to Darling International Inc.
January: the company adopts ´Fresh Start´ accounting treatment for restructure
August: becomes a public company by registering bondholders' stock
September: listed on NASDAQ
Acquisition of The Standard Tallow Corporation in New Jersey
September: the listing is moved to AMEX
November: effects 3 for 1 stock split
Acquisition of TORVAC, Inc., a Chicago grease trap service business
The firm initiates collection fees
May: completes debt for equity restructure by issuing 46.7 million shares of common stock (75% of new outstanding) and $10 million of preferred shares to lenders, in exchange for cancellation of $66.3 million in indebtedness
February: Randall C. Stuewe appointed Chairman and Chief Executive Officer; Darling International has approximately 80 locations in the U.S., with ~1870 employees.
July: DAR joins Russell 2000 Index
December: $35 million in senior subordinated notes are issued
March: completes redemption of all preferred stock
April: refinances senior bank debt
April: refinances bank debt with new $175 million bank facility
May: acquires NATIONAL BY-PRODUCTS, LLC., large Midwest rendering company
June: retired $35 million in senior subordinated notes
August: acquisition of API RECYCLING INC., a division of American Proteins, Inc. providing used cooking oil collection services in Georgia and surrounding states
February: acquisition of BOCA INDUSTRIES, a grease trap services business in Georgia and surrounding states
September: initial steps are announced to form a joint venture with Valero Energy Corporation with a view to building a renewable diesel production facility capable of producing over 135 million gallons per year, adjacent to Valero's St. Charles refinery near Norco, Lousiana
December: acquisition of business units from SANIMAX USA Inc.
December: issues $250 million of senior subordinated notes due in 2018
December: acquires GRIFFIN INDUSTRIES, INC., a provider of rendering, bakery residual and used cooking oil recycling services in Southeast United States. Increases Company size from approximately 80 to 120 locations, and employees from approximately 1,870 to 3,300.
January: completes secondary offering for 24.2 million common shares and applies proceeds to reduce debt
May: secures financing for DIAMOND GREEN DIESEL, LLC, a joint venture project for renewable diesel production with Valero Energy Corporation; construction commences in June
June: acquires RVO BioPur, LLC., a provider of used cooking oil collection and grease trap services in Connecticut, Massachusetts and Northern New York City
June: Diamond Green Diesel begins production
August: acquires TERRA RENEWAL SERVICES, a provider of waste cooking oil recycling and industrial residuals services
Acquires ROTHSAY from Maple Leaf Foods. Rothsay is a leading provider of rendering services in Canada and also operates Rothsay Biodiesel
Company announces intention to purchase VION INGREDIENTS.
January: acquisition of VION INGREDIENTS, expanding Company operations to 5 continents, over 200 locations and approximately 10,000 employees.
Using black soldier fly larvae to produce sustainable animal and aquaculture feed ingredients
Two new plants constructed in Ravenna, NE and Paducah, KY to produce premium-grade wet pet food ingredients
Through a unique partnership with two of our customers, new protein conversion plants were built on the property of two of the country's major poultry producers, CASE FARMS in Winesburg, OH, and PECO FOODS in Pocahontas, Ark. Such a partnership is a first in our industry.