Shareholder: DAT-Schaub becomes owner of US c...

DAT-Schaub becomes owner of US company

Imago / Panthermedia

DENMARK, Randers. During the past decade, DAT-Schaub has more than doubled its US business volume as a majority shareholder of the company DCW Casing LLC. The company enters a new phase in their growth with the announcement of DAT-Schaub's buyout of the minority shareholders of DCW Casing LLC, the largest casing company in the USA.

Since 2015, Danish Crown's financial reports have demonstrated the subsidiary DAT-Schaub's consistent success. Processing casings from hogs for both food and raw material for the pharmaceutical industry, the company has more than tripled its worldwide earnings since 2015. One of the drivers of this success is the US market, where DCW Casing LLC has developed and grown with strong earnings in the natural casing sector.

Over the course of the years, DCW Casing LLC has become an integral part of DAT-Schaub. The shareholders agree that the time has come for DAT-Schaub to take over the sole ownership of DCW Casing LLC.

DCW Casing LLC was created in Autumn 2012 through a merger of the companies DAT-Schaub, Casing Associates LCC and Wolfson Casing. Until the merger, DAT-Schaub was a co-owner of Casing Associates LCC and the driving force behind the merger.

Since 2012, the focus has been on expanding raw material supplies through contracts with abattoirs across the USA, from which DCW Casing LLC buys the hog casing raw material, as well as expand the US business within sheep casings, artificial casings and heparin production.

Source: Danish Crown


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