Canadian food processor Maple Leaf Foods said it agreed to sell its biodiesel business to Darling International Inc, a food waste recycling company, for about C$645 million ($613.6 million) in cash.
The rendering and biodiesel business, Rothsay, operates six rendering plants in Manitoba, Ontario, Quebec and Nova Scotia and a biodiesel facility in Quebec, Maple Leaf said.
The rendering and biodiesel business, Rothsay, operates six rendering plants in Manitoba, Ontario, Quebec and Nova Scotia and a biodiesel facility in Quebec, Maple Leaf said.