UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM
CURRENT REPORT
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Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 1.01. | Entry into a Material Definitive Agreement. |
Issuance of Unsecured Senior Notes. On August 17, 2022, Darling Ingredients Inc. (“Darling”) issued $250.0 million in aggregate principal amount of its 6% unsecured senior notes due 2030 (the “add-on notes”).
The add-on notes and related guarantees, which were offered in a private offering, were issued as additional notes under an indenture, dated as of June 9, 2022 (the “base indenture”), as supplemented by a supplemental indenture, dated as of August 17, 2022 (the “supplemental indenture” and, together with the base indenture, the “indenture”), in each case, by and among Darling, as issuer, the guarantors party thereto, as guarantors, and Truist Bank, as trustee (the “trustee”) governing Darling’s existing 6% unsecured senior notes due 2030, $750.0 million in aggregate principal amount of which were issued on June 9, 2022 (the “initial notes” and, together with the add-on notes, the “notes”). The add-on notes have the same terms as the initial notes (other than issue date and issue price) and will, together with the initial notes, constitute a single class of securities under the indenture.
Darling intends to use the proceeds from the offering of the add-on notes (i) for general corporate purposes, including the repayment of indebtedness and (ii) to pay the costs, commissions, fees, and expenses incurred in connection with the offering of the add-on notes (including the initial purchasers’ discount). Darling may temporarily apply proceeds to reduce revolving credit indebtedness or invest in cash equivalents, U.S. government securities and other high-quality debt investments pending application of the proceeds.
The following is a brief description of the notes and the indenture:
Interest and Maturity. The notes bear interest at a rate of 6% per annum and mature on June 15, 2030. Interest is payable on the notes semi-annually in arrears on June 15 and December 15 of each year, commencing on December 15, 2022. Interest on the add-on notes will accrue from, and including, June 9, 2022, the first day of the current interest period for the initial notes.
Guarantees. The notes are guaranteed (such guarantees, the “guarantees”) by all of Darling’s subsidiaries that are “restricted subsidiaries” under the indenture (such subsidiaries, the “restricted subsidiaries”) (other than foreign subsidiaries and other than Valley Proteins, LLC and Valley Proteins (DE), LLC, which guarantee the senior secured facilities (as defined below) and will guarantee the initial notes and the add-on notes within 20 business days of the date that such entities guaranteed the senior secured facilities) that are borrowers under or that guarantee Darling’s existing secured term loan facilities and secured revolving credit facility (collectively, the “senior secured facilities”). In the future, the notes will be guaranteed by Darling’s restricted subsidiaries (including Valley Proteins, LLC and Valley Proteins (DE), LLC, which will guarantee the notes within 20 business days of the date that such entities guaranteed the senior secured facilities), other than foreign subsidiaries, receivables entities and certain other subsidiaries, that are borrowers under or that guarantee the senior secured facilities or, if the senior secured facilities are not outstanding, that incur certain other indebtedness. The guarantee of any guarantor of the notes (each, a “guarantor”) may be released under circumstances specified in the indenture.
Ranking. The notes and the guarantees are senior unsecured obligations of Darling and the guarantors, rank equally in right of payment with all of Darling’s and the guarantors’ existing and future senior unsecured indebtedness, and rank senior in right of payment with all of Darling’s and the guarantors’ future subordinated indebtedness. The notes and the guarantees are effectively junior to all of Darling’s and the guarantors’ existing and future secured indebtedness, including indebtedness under the senior secured facilities, to the extent of the value of the assets securing such indebtedness. The notes and the guarantees are structurally junior to all existing and future indebtedness and other liabilities (including trade payables, accrued expenses and capital lease obligations) of all subsidiaries of Darling (and each subsidiary of a guarantor) that do not guarantee the notes, including current and future foreign subsidiaries that are borrowers under or that guarantee the senior secured facilities but not the notes.
Optional Redemption. Darling may redeem the notes, in whole but not in part, at any time prior to June 15, 2025, at a redemption price equal to 100% of the principal amount thereof, plus a “make whole” premium, plus accrued and unpaid interest, if any, to, but excluding, the redemption date. The “make whole” premium is calculated, with respect to any note at any redemption date, as the greater of (i) 1.0% of the principal amount of such note and (ii) the excess, if any, of (a) the present value as of such redemption date of (1) the redemption price of such note at June 15, 2025 plus (2) all required remaining interest payments due on such note through June 15, 2025 (excluding accrued but unpaid interest to the redemption date), computed using a discount rate equal to the applicable “treasury rate” plus 50 basis points, over (b) the principal amount of such note. On or after June 15, 2025, Darling may redeem all or, from time to time, part of the notes, at the redemption prices set forth below, plus accrued and unpaid interest, if any, to, but excluding, the redemption date, if redeemed during the twelve-month period beginning on June 15 of the years indicated below:
| Year |
Percentage | |||
| 2025 |
103.000 | % | ||
| 2026 |
101.500 | % | ||
| 2027 and thereafter |
100.000 | % | ||
In addition, at any time prior to June 15, 2025, Darling may redeem up to 40% of the original aggregate principal amount of the notes with the net cash proceeds of one or more equity offerings, as described in the indenture, at a redemption price equal to 106% of the principal amount thereof, plus accrued and unpaid interest, if any, to, but excluding, the redemption date.
Mandatory Redemption. Other than in connection with a change of control repurchase event, as described in the indenture, Darling will not be required to make mandatory redemption or sinking fund payments with respect to the notes.
Open Market Purchases. Darling and its affiliates may acquire notes by means other than a redemption including by tender offer, open market purchases, negotiated transactions or otherwise, in accordance with applicable securities laws, so long as such acquisition does not otherwise violate the terms of the indenture.
Covenants. The indenture will not limit the ability of Darling or its restricted subsidiaries to incur unsecured indebtedness, pay dividends or make other distributions, repurchase capital stock or make investments. The indenture contains covenants limiting the ability of Darling and its restricted subsidiaries to (i) grant liens to secure indebtedness, and (ii) merge with or into other companies or otherwise dispose of all or substantially all of Darling’s assets. In addition, the indenture contains a covenant requiring Darling’s non-guarantor subsidiaries to guarantee the notes if they incur or guarantee certain other indebtedness. These covenants are subject to exceptions and qualifications as set forth in the indenture.
Events of Default. The indenture provides for customary events of default (subject in certain cases to grace, notice and cure periods) which include non-payment of principal or interest when due, breach of covenants or other agreements in the indenture, defaults in payment of certain other indebtedness and certain events of bankruptcy or insolvency. Subject to certain exceptions, if an event of default occurs, the trustee or the holders of at least 25% in principal amount of the then outstanding notes may declare the principal of, premium, if any, and accrued but unpaid interest, if any, on all of the notes to be due and payable immediately. Such amounts will be automatically due and payable for certain bankruptcy and insolvency events of default.
No Registration Rights or Listing. The notes and related guarantees do not have the benefit of any registration rights and will not be listed on any securities exchange or automated quotation system. The notes and related guarantees have not been, and will not be, registered under the Securities Act of 1933, as amended or any state securities laws.
The summary set forth above is not complete and is qualified in its entirety by reference to the full text of the base indenture, which was filed as Exhibit 4.1 to Darling’s Current Report on Form 8-K on June 9, 2022, and is hereby incorporated by reference, and the supplemental indenture, attached hereto as Exhibit 4.1.
| Item 2.03. | Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant |
Unsecured Senior Notes. The information set forth in Item 1.01 of this Current Report on Form 8-K is hereby incorporated by reference into this Item 2.03.
| Item 8.01. | Other Events. |
Closing of Private Offering of Unsecured Senior Notes. On August 17, 2022, Darling issued a press release announcing the closing of its private offering of $250.0 million in aggregate principal amount of its 6% unsecured senior notes due 2030. A copy of the press release announcing the closing of the offering is attached hereto as Exhibit 99.1.
The information contained in this Current Report on Form 8-K is neither an offer to sell nor a solicitation of an offer to purchase any of the add-on notes or any other securities.
| Item 9.01. | Financial Statements and Exhibits. |
| (d) | Exhibits. |
| 4.1 | First Supplemental Indenture, dated as of August 17, 2022, by and among Darling, as issuer, the guarantors party thereto, as guarantors, and Truist Bank, as trustee. | |
| 99.1 | Press Release dated August 17, 2022, announcing the closing of a private offering of $250.0 million unsecured senior notes by Darling. | |
| 104 | Cover Page Interactive Data File (embedded within Inline XBRL document). | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| DARLING INGREDIENTS INC. | ||||||
| Date: August 17, 2022 | By: | /s/ John F. Sterling | ||||
| John F. Sterling | ||||||
| Executive Vice President, General Counsel | ||||||
Exhibit 4.1
Execution Version
FIRST SUPPLEMENTAL INDENTURE
THIS FIRST SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”), dated as of August 17, 2022, among Darling Ingredients Inc., a Delaware corporation (the “Company”), the guarantors party hereto (each, a “Guarantor”, collectively, the “Guarantors”) and Truist Bank, as trustee under the Indenture referred to herein (the “Trustee”).
W I T N E S S E T H
WHEREAS, the Company and the Guarantors (as defined in the Indenture referred to below) have heretofore executed and delivered to the Trustee an indenture (the “Indenture”), dated as of June 9, 2022, providing for the issuance of an unlimited aggregate principal amount of 6% Senior Notes due 2030 (the “Notes”);
WHEREAS, pursuant to Section 2.01(e) of the Indenture, Additional Notes may be issued from time to time under the Indenture, and such Additional Notes shall rank pari passu with, and be consolidated with and form a single class with, the Initial Notes and shall have the same terms as to status, redemption or otherwise (other than issue date, issue price and, if applicable, the first Interest Payment Date and the initial interest accrual date) as the Initial Notes;
WHEREAS, the Company and the Guarantors have authorized the execution and delivery of this Supplemental Indenture for the purpose of issuing US$250,000,000 in aggregate principal amount of Additional Notes (the “New Notes”);
WHEREAS, pursuant to Section 9.01(a)(4) of the Indenture, the Company, the Trustee and the Guarantors are authorized to execute and deliver this Supplemental Indenture to provide for the issuance of Additional Notes in accordance with the limitations set forth in the Indenture without notice to or consent of any Holder; and
WHEREAS, the Trustee in entering into this Supplemental Indenture is entitled to rely upon the Officers’ Certificate and an Opinion of Counsel, each of which has been provided to the Trustee.
NOW THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt of which is hereby acknowledged, the parties mutually covenant and agree for the equal and ratable benefit of the Holders as follows:
1. Capitalized Terms. Capitalized terms used herein without definition shall have the meanings assigned to them in the Indenture.
2. Issue of New Notes. As of the date hereof, the Company shall issue the New Notes pursuant to this Supplemental Indenture. The New Notes issued pursuant to this Supplemental Indenture constitute Additional Notes issued pursuant to Section 2.01(e) of the Indenture and shall be consolidated with and form a single class with the Initial Notes previously established pursuant to the Indenture. The New Notes shall have the same terms and conditions in all respects as the Initial Notes, except that the issue date of the New Notes shall be August 17, 2022 and the issue price shall be 102.000% of the aggregate principal amount thereof plus
accrued and unpaid interest from, and including, June 9, 2022. The New Notes issued in the form of Global Notes will be issued under the same CUSIP number and ISIN as the Initial Notes (except that New Notes issued pursuant to Regulation S under the Securities Act will trade separately under a different CUSIP number and ISIN until at least 40 days after the issue date of the New Notes). The aggregate principal amount of the New Notes that may be authenticated and delivered pursuant to this Supplemental Indenture shall be US$250,000,000. Promptly following the termination of 40 days following the issue date of the New Notes, the Company shall cause the beneficial interests in New Notes in the form of Regulation S Global Notes to be exchanged for beneficial interests in the Initial Note Regulation S Global Note (CUSIP: U23536 AB8; ISIN: USU23536AB88) pursuant to the Applicable Procedures. The Company shall deliver to the Trustee an Authentication Order to process such mandatory exchange.
3. Authentication and Delivery of New Notes. As of the date hereof, the Company will issue, and the Trustee, pursuant to an Authentication Order delivered in connection therewith, is directed to authenticate and deliver, the New Notes under the Indenture, substantially in the form of Exhibit A to the Indenture.
4. No Recourse Against Others. No past, present or future director, officer, employee, incorporator or stockholder of the Company or the Guarantors shall have any liability for any obligations of the Company or the Guarantors under the Notes, any Note Guarantees, the Indenture or this Supplemental Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder by accepting Notes waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes.
5. Governing Law. THIS SUPPLEMENTAL INDENTURE, THE INDENTURE, THE INITIAL NOTES AND THE NEW NOTES WILL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.
6. Waiver of Jury Trial. EACH OF THE COMPANY, THE GUARANTORS AND THE TRUSTEE HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS SUPPLEMENTAL INDENTURE, THE INDENTURE, THE INITIAL NOTES, THE NEW NOTES OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY.
7. Counterparts. The parties may sign any number of copies of this Supplemental Indenture. Each signed copy shall be an original, but all of them together represent the same agreement. Delivery of an executed counterparty by facsimile or other electronic means (including “.pdf” and “.tif” format) shall constitute delivery of an executed original. Signatures of the parties hereto transmitted by facsimile, PDF or other electronic means shall be deemed to be their original signatures for all purposes. The words “execution,” “signed,” “signature,” “delivery” and words of like import in or relating to this Supplemental Indenture or any document to be signed in connection with this Supplemental Indenture shall be deemed to include electronic signatures, deliveries or the keeping of records in electronic form, each of
2
which shall be of the same legal effect, validity or enforceability as a manually executed signature, physical delivery thereof or the use of a paper-based recordkeeping system, as the case may be, and the parties hereto consent to conduct the transactions contemplated hereunder by electronic means.
8. Headings. The headings of the Sections of this Supplemental Indenture have been inserted for convenience of reference only, are not to be considered a part of this Supplemental Indenture and shall in no way modify or restrict any of the terms or provisions hereof.
9. The Trustee. The Trustee shall not be responsible in any manner whatsoever for or in respect of the validity or sufficiency of this Supplemental Indenture or for or in respect of the recitals contained herein, all of which recitals are made solely by the Company and the Guarantors.
10. Ratification of Indenture; Supplemental Indentures Part of Indenture. Except as expressly amended hereby, the Indenture is in all respects ratified and confirmed and all the terms, conditions and provisions thereof shall remain in full force and effect. The Company and each Guarantor hereby consent to the terms of this Supplemental Indenture and the New Notes, including, without limitation, all additional Obligations resulting therefrom. This Supplemental Indenture shall form a part of the Indenture for all purposes, and every Holder of Notes heretofore or hereafter authenticated and delivered shall be bound hereby.
[Signature pages follow]
3
IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be duly executed, as of the date first written above.
| DARLING INGREDIENTS INC. | ||
| By: | /s/ Brad Phillips | |
| Name: | Brad Phillips | |
| Title: | Executive Vice President & Chief Financial Officer | |
| GRIFFIN INDUSTRIES LLC CRAIG PROTEIN DIVISION, INC. DARLING GLOBAL HOLDINGS INC. DARLING NATIONAL LLC DARPRO STORAGE SOLUTIONS LLC ROUSSELOT INC. ROUSSELOT DUBUQUE INC. ROUSSELOT PEABODY INC. SONAC USA LLC | ||
| By: | /s/ Martijn van Steenpaal | |
| Name: | Martijn van Steenpaal | |
| Title: | Senior Vice President & Treasurer | |
[Signature Page to Supplemental Indenture]
| TRUIST BANK, as Trustee | ||
| By: | /s/ Cristina G. Rhodebeck | |
| Name: | Cristina G. Rhodebeck | |
| Title: | Senior Vice President | |
[Signature Page to Supplemental Indenture]
Exhibit 99.1
Darling Ingredients Inc. Announces Closing of Private Offering of $250.0 Million of Unsecured Senior Notes due 2030.
IRVING, TEXAS, August 17, 2022 — Darling Ingredients Inc. (NYSE: DAR) (“Darling” or the “Company”) today announced the closing of its private offering of $250.0 million aggregate principal amount of its unsecured senior notes due 2030 (the “add-on notes”). The add-on notes were issued as additional notes under the same indenture (the “base indenture”), as supplemented by a supplemental indenture (together with the “base indenture”, the “indenture”) as Darling’s existing 6% senior notes due 2030, $750.0 million in aggregate principal amount of which were issued on June 9, 2022 (the “initial notes”). The add-on notes have the same terms as the initial notes (other than issue date and issue price) and will, together with the initial notes, constitute a single class of securities under the indenture. The add-on notes bear interest at 6% per annum, payable semi-annually in arrears on June 15 and December 15 of each year, commencing on December 15, 2022. Interest on the add-on notes will accrue from, and including, June 9, 2022, the first day of the current interest period for the initial notes. The add-on notes will be guaranteed by all of Darling’s subsidiaries that are “restricted subsidiaries” under the indenture (other than foreign subsidiaries and other than Valley Proteins, LLC and Valley Proteins (DE), LLC, which guarantee the senior secured facilities (as defined below) and will guarantee the initial notes and the add-on notes within 20 business days of the date that such entities guaranteed the senior secured facilities) that are borrowers under or that guarantee Darling’s senior secured credit facilities under its second amended and restated credit agreement dated January 6, 2014, as amended (“senior secured facilities”).
Darling intends to use the proceeds from the offering of the add-on notes (i) for general corporate purposes, including the repayment of indebtedness and (ii) to pay the costs, commissions, fees, and expenses incurred in connection with the offering of the add-on notes (including the initial purchasers’ discount). Darling may temporarily apply proceeds to reduce revolving credit indebtedness or invest in cash equivalents, U.S. government securities and other high-quality debt investments pending application of the proceeds.
The add-on notes and related guarantees will be offered in the United States to persons reasonably believed to be “qualified institutional buyers” in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and outside the United States to non-U.S. persons in reliance on Regulation S under the Securities Act. The add-on notes and related guarantees will not be registered under the Securities Act or any state securities laws and, unless so registered, may not be offered or sold in the United States except pursuant to an applicable exemption from the registration requirements of the Securities Act and applicable state securities laws.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy the add-on notes and related guarantees, nor shall there be any offer to sell, solicitation of an offer to buy or sale of the add-on notes and related guarantees, in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.
About Darling
Darling Ingredients Inc. (NYSE: DAR) is the largest publicly traded company turning food waste into sustainable products and a leading producer of renewable energy. Recognized as a sustainability leader, the company operates 250 plants in 17 countries and repurposes nearly 15% of the world’s meat industry waste streams into value-added products, such as green energy, renewable diesel, collagen, fertilizer, animal proteins and meals and pet food ingredients.
Cautionary Statements Regarding Forward-Looking Information
This press release contains “forward-looking” statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the statements. Statements that are not statements of historical facts are “forward-looking” statements and are made pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Words such as “estimate,” “project,” “planned,” “contemplate,” “potential,” “possible,” “proposed,” “intend,” “believe,” “anticipate,” “expect,” “may,” “will,” “would,” “should,” “could” and similar expressions are intended to identify “forward-looking” statements. “Forward-looking” statements are based on the Company’s current expectations and assumptions regarding its business, the economy and other future conditions. The Company cautions readers that any such “forward-looking” statements it makes are not guarantees of future performance and that actual results may differ materially from anticipated results or expectations expressed in its “forward-looking” statements as a result of a variety of factors, including many that are beyond the Company’s control. These factors include, among others, existing and unknown future limitations on the ability of the Company’s direct and indirect subsidiaries to make their cash flow available to the Company for payments on the Company’s indebtedness or other purposes; global demands for bio-fuels and grain and oilseed
commodities, which have exhibited volatility, and can impact the cost of feed for cattle, hogs and poultry, thus affecting available rendering feedstock and selling prices for the Company’s products; reductions in raw material volumes available to the Company due to weak margins in the meat production industry as a result of higher feed costs, reduced consumer demand or other factors, reduced volume from food service establishments or otherwise; reduced demand for animal feed; reduced finished product prices, including a decline in fat and used cooking oil finished product prices; changes to worldwide government policies relating to renewable fuels and greenhouse gas emissions that adversely affect programs like the U.S. government’s renewable fuel standard, low carbon fuel standards and tax credits for biofuels both in the United States and abroad; possible product recall resulting from developments relating to the discovery of unauthorized adulterations to food or food additives; the occurrence of 2009 H1N1 flu (initially known as “Swine Flu”), highly pathogenic strains of avian influenza (collectively known as “Bird Flu”), severe acute respiratory syndrome (“SARS”), bovine spongiform encephalopathy (“BSE”), porcine epidemic diarrhea (“PED”) or other diseases associated with animal origin in the United States or elsewhere, such as the outbreak of African Swine Fever (“ASF”) in China and elsewhere; the occurrence of pandemics, epidemics or disease outbreaks, such as the current novel coronavirus (COVID-19) outbreak; unanticipated costs and/or reductions in raw material volumes related to the Company’s compliance with the existing or unforeseen new U.S. or foreign (including, without limitation, China) regulations (including new or modified animal feed, Bird Flu, SARS, PED, BSE, ASF or similar or unanticipated regulations) affecting the industries in which we operate or our value added products; risks associated with the DGD Joint Venture, including possible unanticipated operating disruptions and issues relating to the announced expansion project; risks and uncertainties relating to international sales and operations, including imposition of tariffs, quotas, trade barriers and other trade protections imposed by foreign countries; difficulties or a significant disruption in the Company’s information systems or failure to implement new systems and software successfully, risks relating to possible third party claims of intellectual property infringement; increased contributions to the Company’s pension and benefit plans, including multiemployer and employer-sponsored defined benefit pension plans as required by legislation, regulation or other applicable U.S. or foreign law or resulting from a U.S. mass withdrawal event; bad debt write-offs; loss of or failure to obtain necessary permits and registrations; continued or escalated conflict in the Middle East, North Korea, Ukraine or elsewhere; uncertainty regarding the exit of the United Kingdom from the European Union; and/or unfavorable export or import markets. These factors, coupled with volatile prices for natural gas and diesel fuel, climate conditions, currency exchange fluctuations, general performance of the United States and global economies, disturbances in world financial, credit, commodities and stock markets, and any decline in consumer confidence and discretionary spending, including the inability of consumers and companies to obtain credit due to lack of liquidity in the financial markets, among others, could cause actual results to vary materially from the “forward-looking” statements in this press release or negatively impact the Company’s results of operations. Among other things, future profitability may be affected by the Company’s ability to grow its business, which faces competition from companies that may have substantially greater resources than the Company. Other risks and uncertainties regarding the Company, its business and the industries in which it operates are referenced from time to time in the Company’s filings with the Securities and Exchange Commission. The Company is under no obligation to (and expressly disclaims any such obligation to) update its “forward-looking” statements whether as a result of change of circumstances, new events or otherwise.
For More Information, contact:
Suann Guthrie, Vice President, Investor Relations, Sustainability and Global Communications
Suann.Guthrie@darlingii.com
(1) 469-214-8202
Document and Entity Information |
Aug. 17, 2022 |
|---|---|
| Cover [Abstract] | |
| Entity Address, State or Province | TX |
| Amendment Flag | false |
| Entity Central Index Key | 0000916540 |
| Document Type | 8-K |
| Document Period End Date | Aug. 17, 2022 |
| Entity Registrant Name | DARLING INGREDIENTS INC. |
| Entity Incorporation State Country Code | DE |
| Entity File Number | 001-13323 |
| Entity Tax Identification Number | 36-2495346 |
| Entity Address, Address Line One | 5601 N. MACARTHUR BLVD. |
| Entity Address, City or Town | IRVING |
| Entity Address, Postal Zip Code | 75038 |
| City Area Code | (972) |
| Local Phone Number | 717-0300 |
| Written Communications | false |
| Soliciting Material | false |
| Pre Commencement Tender Offer | false |
| Pre Commencement Issuer Tender Offer | false |
| Security 12b Title | Common stock, $0.01 par value per share |
| Trading Symbol | DAR |
| Security Exchange Name | NYSE |
| Entity Emerging Growth Company | false |