Sustainable food processing firm Darling Ingredients Inc said on Tuesday it had agreed to buy Valley Proteins Inc, a startup focused on collection and recycling of waste,for about $1.1 billion in an all-cash deal.
Climate awareness and investor interest in sustainable business practices have surged this year, with companies and investors looking to factor in environmental social governance (ESG) policies.
Earlier this month, packaging products provider Sonoco Products Co said it would buy sustainable metal packaging maker Ball Metalpack for $1.35 billion to expand its sustainable packing portfolio.
Read more/Source: Reuters
