Maple Leaf to sell biodiesel business to U.S. company for C$645 mln

Fri Aug 23, 2013 8:48am EDT
 
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Aug 23 (Reuters) - 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.