Agrium buy Louis Dreyfus's fertiliser business in Australia

Agrium to buy Louis Dreyfus' fertiliser business in Australia

9:38 AM, 13th December 2017
Agrium logo

CALGARY, CANADA: Landmark Operations Ltd, the Australian ag-retail business of Agrium Inc has entered an agreement to acquire Australian fertiliser and inputs distribution business, Macrofertil Australia Pty Ltd from Louis Dreyfus Company.

The business includes six fertiliser storage and distribution assets with coating and blending capabilities, and its annual sales exceed 300,000 tonnes.

The transaction is expected to close in the first quarter of 2018.

"This network of high-quality assets will complement our existing Retail footprint in Australia, and allow us to enhance our product and service offering for new and existing Landmark customers," said Chuck Magro, president and CEO, Agrium.

© Worldofchemicals News

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