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ICL (ICL) Reports Acquisition of South American Plant Nutrition Business from Compass Minerals (CMP) for $402M

Go back to ICL (ICL) Reports Acquisition of South American Plant Nutrition Business from Compass Minerals (CMP) for $402M

ICL to Acquire South American Plant Nutrition Business from Compass Minerals

March 24, 2021 5:00 AM EDT

Acquisition positions ICL as Brazils leading specialty plant nutrition company

TEL AVIV, Israel--(BUSINESS WIRE)-- ICL (NYSE: ICL) (TASE: ICL), a leading global specialty minerals and specialty chemicals company, today announced it has entered into a definitive agreement to acquire Compass Minerals América do Sul S.A., which includes the South American Plant Nutrition business of Compass Minerals after a planned carve-out of the existing water treatment and chemicals businesses for approximately R$2,207 million (~US$402 million, based on a Brazilian real-to-U.S.... More