Israel's ICL buys Compass Minerals' ag unit in Brazil for $420 mln

Icl

01/07/2021 22:07

SAO PAULO, July 1 (Reuters) - Israeli minerals and chemicals
company ICL Group Ltd  ICL.TA  said on Thursday it has bought
Compass Minerals International Inc's  CMP.N  agricultural
division in Brazil for approximately $420 million.
    "The company is present in 25 of the 26 Brazilian states and
serves more than 32,000 farms indirectly and directly, the
latter being responsible for approximately 50% of total sales,"
ICL said in a statement.

 (Reporting by Nayara Figueiredo in Sao Paulo
Editing by Matthew Lewis)
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