Brief: Tessenderlo To Acquire Marketing & Sales Activities For ATS Fertilizers Produced By Esseco srl In Italy

Tessenderlo NV

16/01/2023 16:44

Jan 16 (Reuters) - Tessenderlo Group  TESB.BR :
    * TESSENDERLO GROUP TO ACQUIRE MARKETING & SALES ACTIVITIES
FOR
AMMONIUM THIOSULFATE FERTILIZERS PRODUCED BY ESSECO SRL IN ITALY
    * HAS SIGNED AN AGREEMENT TO ACQUIRE THE MARKETING  AND
SALES
ACTIVITIES FOR AMMONIUM THIOSULFATE (ATS) FERTILIZERS PRODUCED
BY ESSECO SRL (PART OF ESSECO  GROUP) IN TRECATE, ITALY
    * TESSENDERLO GROUP WILL ALSO ACQUIRE THE ESSECO TRADEMARKS 
SECOFIT® TS AND AGRIFIX® WHICH ARE USED TO MARKET THIS PRODUCT
RANGE FOR AGRICULTURAL APPLICATIONS
    * THE AGREEMENT IS SCHEDULED TO BECOME OPERATIONAL IN MARCH
2023.
    * THE TRANSACTION WILL HAVE NO MATERIAL IMPACT ON THE
RESULTS OF
TESSENDERLO GROUP

Further company coverage:  TESB.BR 
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