The Mosaic Company has completed the previously announced acquisition of Archer Daniels Midland’s fertilizer distribution business in Brazil and Paraguay for $350 million. The assets purchased include $150 million in working capital.
The acquisition is expected to significantly accelerate Mosaic’s growth plans in Brazil as well as replace a substantial amount of planned internal investment in that country. Mosaic’s distribution capacity in the region is expected to increase from approximately 4 million tonnes per year to 6 million tonnes.
Leer más sobre la adquisición aquí.