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This transaction was preceded by the agreement of Grupa Azoty shareholders and antitrust authorities in Germany, Austria and Turkey. Azoty paid 226.6 million euros for the shares, ie PLN 974 million. The transaction was made Monday.
– The acquisition transaction of Compo Expert is part of Grupa Azoty's strategy of strengthening its position as one of the leaders in agricultural solutions. The acquisition also opens new opportunities for the Grupa Azoty Group to diversify its commercial activities, with the parallel acquisition of highly innovative technologies and know-how and a well-developed distribution network.
For many years, the Group has planned to complete the portfolio with specialized products. This transaction will allow it to significantly expand the customer base to more demanding facility producers – said Dr. Wojciech Wardacki, president of Grupa Azoty.
The Compo Expert Group is an independent global producer of high value-added fertilizers that sells its products in nearly 100 countries. The company has for many years held a very strong and well established position in Europe. He is also very active in the North and South American markets, as well as in Asia, where he is also implementing a strategic partnership in the most dynamic global markets, namely China and Japan. # 39; India.
FLASH. Small ZUS – big savings for the company
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