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.

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Comments (1)
  • bberuch
    , contributor
    Comments (314) | 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 2014, 06:41 AM Reply Like
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