The Mosaic Co. Finalizes Deal for Brazilian Fertilizer Company

The Mosaic Co. has completed the previously announced acquisition of Vale Fertilizantes from Vale S.A. Pursuant to the agreement, Luciano Siani Pires has been elected to Mosaic’s Board of Directors.

Pires has been Vale’s Chief Financial Officer since 2012, with additional responsibilities in Procurement and Information Technology. Prior to his current role, he held positions in strategic planning, human resources and governance at Vale S.A, and also worked at McKinsey & Co.  and the Brazilian Development Bank. Pires, a Brazil native with an M.B.A in Finance from the Stern School of Business at New York University, brings extensive experience in finance, capital markets, strategy and fertilizer to the company’s Board of Directors.