DAT-Schaub becomes the sole owner of DCW Casings
Over the years, DCW Casing has become an integral part of DAT-Schaub, and therefore the shareholders agree that it is now time for DAT-Schaub to become the sole owner of DCW Casing.
"We have excellent cooperation with the other shareholders, who are also part of the management of DCW Casing, and it has always been part of the plan that DAT-Schaub should at some point be the sole owner of the company. We have come incredibly far together, and we agree that we are creating the best basis for continuing the positive development and reaping further synergies by pooling ownership at DAT-Schaub", says Jan Roelsgaard, CEO of DAT-Schaub.
DCW Casing was created in the autumn of 2012 through a merger of the companies Casing Associates LCC and the industry's then largest player in the USA, Wolfson Casing. Until the merger, DAT-Schaub co-owned Casing Associates LCC and was the driving force behind the merger.
Since 2012, there has been a focus on expanding the raw material base through contracts with slaughterhouses across the US, where DCW Casing buys the casings from the pigs and takes care of the further processing. At the same time, DCW Casing has expanded its business as a supplier of, among other things, lamb intestines for sausage production and the sale of raw heparin to the pharmaceutical industry.
"We are not going to change either the strategy or the leading positions in the company. The now former co-owners continue in exactly the same positions as before. Together, we will continue to work on being the preferred partner both for the American slaughterhouses from which we buy the gut sets, and for the hundreds of customers we have across the entire USA", says Jan Roelsgaard.
Danish Crown really turbocharged the development of DAT-Schaub in 2016. It became a stated goal to make DAT-Schaub the global market leader in the processing and sale of gut sets. That goal has been reached, and as part of Danish Crown's Feeding the Future strategy, that position must now be consolidated.
"It is a global industry where there is still room for consolidation, and if the right opportunities present themselves, we are ready to buy up, but there are also still good opportunities for organic growth, so DAT-Schaub focuses on pursue every single day", says Jais Valeur, Group CEO of Danish Crown.
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