Brief: Tessenderlo Group, Darling Ingredients To Form New Company Nextida
12/05/2025 09:35
May 12 (Reuters) - Tessenderlo Group NV TESB.BR: TESSENDERLO GROUP, DARLING INGREDIENTS AGREE TO FORM NEW COMPANY NEXTIDA TO CREATE $1.5 BLN ANNUAL REVENUE COMPANY IN COLLAGEN-BASED HEALTH, NUTRITION, FOOD SECTORS COMPANY TO BE 15% OWNED BY TESSENDERLO GROUP, 85% OWNED, CONSOLIDATED BY DARLING INGREDIENTS TRANSACTION EXPECTED TO CLOSE IN 2026 Source text: [https://tinyurl.com/mwv85fku] Further company coverage: TESB.BR (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))