ICL (ICL) Acquires Nitro 1000

Go back to ICL (ICL) Acquires Nitro 1000

ICL Accelerating Biologicals Portfolio Growth in Brazil with Strategic Acquisition

February 28, 2024 2:29 AM EST

Company adding meaningful manufacturing capabilities and expanding product portfolio with acquisition of Nitro 1000

TEL AVIV, Israel--(BUSINESS WIRE)-- ICL (NYSE: ICL) (TASE: ICL), a leading global specialty minerals company, today announced it has acquired Nitro 1000, a manufacturer, developer and provider of biologicals in Brazil for approximately $30 million. This acquisition marks another meaningful step into the biologicals market, while expanding ICLs product offerings and positioning the company for further expansions into new and adjacent end-markets.

Nitro 1000 will immediately join the ICL product... More