Seeking Alpha

Mosaic buys ADM's Brazil, Paraguay fertilizer distribution business for $350M

  • Mosaic (MOS +0.9%) agrees to acquire Archer Daniels Midland's (ADM -1.5%) fertilizer distribution business in Brazil and Paraguay for $350M.
  • MOS says the acquisition would increase its annual distribution in the region to ~6M metric tons of crop nutrients from ~4M.
  • The parties also negotiate terms of five-year fertilizer supply agreements providing for MOS to supply ADM's fertilizer needs in Brazil and Paraguay.
Comments (1)
  • bberuch
    , contributor
    Comments (264) | Send Message
     
    hope it delivers as well as possible, as a long term holder of MOS I would love to see it succeed and convert my long time loser to a long term winner.
    16 Apr, 06:41 AM Reply Like
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