Acquisitions and Dispositions (Notes)

9 Months Ended

Sep. 26, 2020

Business Combinations [Abstract]

Acquisitions and Dispositions

Acquisitions and DispositionsIn December 2019, the Company began to consolidate EnviroFlight, LLC due to a loan issued by the Company, which    resulted in more control by the Company based on variable interest entity literature. In January 2020, the Company acquired the other 50% minority interest in EnviroFlight, LLC from the other joint venture partner for approximately

$8.8 million, along with the purchase of intellectual property of approximately $3.4 million for a total of approximately $12.2 million, thereby increasing the Company's ownership interest in EnviroFlight, LLC to 100%.

In October 2020, a wholly-owned international subsidiary of the Company completed the acquisition of all the shares of a Belgium privately owned group of rendering companies for approximately $29.4 million. The acquisition is expected to provide synergies to the Company's Belgium operations in the Feed Segment.