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Tessenderlo Group's PB Leiner acquires full ownership of Brazilian Joint Venture. PB Leiner, a business unit of Tessenderlo Group specializing in bio-valorization, has completed the acquisition of the remaining 40 percent minority stake in PB Brasil Indústria e Comércio de Gelatinas Ltda from D&D Participações Societárias. This transaction grants Tessenderlo Group 100 percent ownership of the Brazilian subsidiary, which operates a beef hide gelatin production plant in Acorizal, Mato Grosso. The deal is not expected to have a material impact on the group's financial results. Additionally, Tessenderlo Kerley International finalized the Asset Transfer Agreement announced on March 20, 2026, acquiring a sulphate of potassium (SOP) production plant in Sweden from Cinis Fertilizer AB. The plant, designed to produce environmentally friendly mineral fertilizers for sustainable agriculture, will be integrated into Tessenderlo Kerley International's Agro segment. Like the Brazilian acquisition, this transaction is not anticipated to significantly affect the group's financial performance. Tessenderlo Group, headquartered in Belgium, operates in over 100 countries with a workforce of approximately 7,000 employees. In 2025, the group reported a consolidated revenue of 2.8 billion euros. Listed on Euronext Brussels, Tessenderlo Group is part of the Next 150 and BEL Mid indices and adheres to its core strategy: 'Every Molecule Counts'. Strada Partners is selling its software platform, Toba, to Ortec, which also specialises in supply chain and workforce management solutions. 11 hours ago Third-generation Belgian family business Colruyt Group has sold 70 percent of its research and development activities related to self-driving pallet trucks to supply chain solutions company KION. Demand for the Sofindev VII fund far exceeded its maximum offering of €400 million and it closed on 10 July 2026. Brussels Airport Company has acquired the nearby Novotel property from Covivio Hotels. The UK-based medical equipment developer and manufacturer, BTL Industries, has acquired Belgian company Medisoft, marking its official entry into the respiratory and pulmonary diagnostics space. PGB Holding, a market leader in fastening materials in Belgium, has acquired Connecton Fasteners from Groep Roussel, with advice from Argo Law. 13 July 2026 CNES and Belgian investment company CNP have received a binding offer from MDA Space to buy their subsidiary, CLS, and continue pursuing its global growth ambitions. 13 July 2026 Belgian private equity firm Fortino Ventures has invested in two B2B SaaS & AI companies, Birdsview and Polysense. 10 July 2026 Talent management companies Deltaworx and Beyond Mars have announced their coming together to form a new flexible employment entity. 10 July 2026 Brand Revolution has acquired DDMC Event Design & Alice Events, marking its fourth major acquisition in two years. 10 July 2026 PSG Equity is making a strategic investment to boost BrightAnalytics' product offering and position as a leading CPM software provider in the European market. 09 July 2026 Valerio Therapeutics has signed a binding offer to acquire 100% of the share capital and voting rights of Belgian biotech company Etherna for an enterprise value of €30 million, subject to customary adjustments. 09 July 2026

Tessenderlo agrees to acquire SOP plant from Cinis. Tessenderlo Kerley, part of Tessenderlo Group, has signed an Asset Transfer Agreement to acquire a production plant previously owned by Cinis Fertilizer AB in Sweden. The production plant produces sulfate of potassium (SOP) and was built with the aim of producing an environmentally friendly mineral fertilizer for sustainable agriculture. The acquisition will be integrated within Tessenderlo Kerley International (operating segment Agro). The transaction is still subject to local regulatory approvals and is expected to close in the 2Q26. "With this acquisition, we reinforce our growth ambitions and our commitment to sustainability. It expands our footprint, further diversifies our portfolio of production technologies, and strengthens our ability to serve customers globally with high-quality crop-nutrition solutions." said Geert Gyselinck, Executive Vice President, Tessenderlo Kerley International. The transaction is not expected to have a material impact on the results of the group. Embed article link: (copy the HTML code below):

Access more as a FoodBev subscriber. Sign up to FoodBev and unlock more insights from the international food and beverage industry. Subscribers have access to webinars, newsletters, publications and more... Darling Ingredients and Tessenderlo Group sign merger agreement. Darling Ingredients has announced a definitive agreement with Tessenderlo Group to merge their collagen and gelatin segments into a new, jointly-owned company. This strategic partnership, which requires no initial cash investment, aims to capitalise on the burgeoning global demand for collagen-based health and wellness products. The joint venture, initially revealed in May, will combine Darling Ingredients' established Rousselot brand with Tessenderlo's PB Leiner business. Under the terms of the agreement, Darling Ingredients will maintain a commanding 85% ownership stake, while Tessenderlo will hold the remaining 15%. The new entity is projected to generate approximately $1.5 billion in annual revenue, bolstered by a combined gelatin and collagen production capacity of around 200,000 metric tons across 22 facilities worldwide, spanning South America, North America, Europe and Asia. Randall C Stuewe, chairman and CEO of Darling Ingredients, said: "This collaboration is set to unlock new avenues for growth and enhance shareholder value. Collagen is the fastest-growing segment of our food business, and with PB Leiner's expertise and product offerings, we are poised to drive innovation and scale in this dynamic market." Pending regulatory approvals, the merger is expected to finalise in 2026, setting the stage for a robust entry into the collagen sector, which has seen increasing consumer interest due to its perceived health benefits. The global collagen market is projected to grow significantly, driven by rising consumer awareness regarding health and wellness. The merger positions the new company to leverage this trend, particularly as collagen is increasingly incorporated into dietary supplements, functional foods and beverages. Both companies are recognised leaders in their respective fields, with Darling Ingredients processing about 15% of the world's animal agricultural by-products and producing roughly 30% of global collagen. Tessenderlo Group, with its extensive operations in over 100 countries, brings a wealth of experience in industrial solutions and bio-residual valorisation, further enhancing the capabilities of the new venture.