{"id":410693,"date":"2021-01-07T16:03:19","date_gmt":"2021-01-07T21:03:19","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=410693"},"modified":"2021-01-07T16:03:19","modified_gmt":"2021-01-07T21:03:19","slug":"icl-completes-acquisition-of-fertilaqua","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/icl-completes-acquisition-of-fertilaqua\/","title":{"rendered":"ICL Completes Acquisition of Fertil\u00e1qua"},"content":{"rendered":"
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Leading Brazilian specialty plant nutrition company enhances ICL’s position in high-growth, high-margin Brazilian specialty plant nutrition market<\/h2>\n

PR Newswire<\/p>\n<\/p><\/div>\n

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\n TEL AVIV, Israel<\/span>, Jan. 7, 2021<\/span> \/PRNewswire\/ — ICL (NYSE & TASE: ICL<\/i>)<\/b>, a leading global specialty minerals and specialty chemicals company,\u00a0announced today\u00a0it completed the acquisition of Fertil\u00e1qua, one of\u00a0Brazil’s\u00a0leading specialty plant nutrition companies, for $122 million<\/span>, which includes\u00a0the assumption of approximately $40 million<\/span> of net debt.\u00a0 ICL expects to leverage Fertil\u00e1qua’s strong market presence and distribution capabilities to increase the sales of its organic fertilizers, controlled-released fertilizers and other specialty plant nutrition products to the Brazilian market, one of the world’s fastest growing agriculture markets.<\/p>\n

“We are delighted to add Fertil\u00e1qua to our crop nutrition business, as it gives ICL a significant foothold in a major market with rapidly increasing demand for specialty plant nutrition products and also provides a seasonal sales balance between the Northern and Southern hemispheres,” said Raviv Zoller<\/span>, president and CEO of ICL.\u00a0 “Going forward, we expect to continue to grow in the specialty fertilizer market and to expand our reach in Brazil<\/span> via both M&A and organic growth.”<\/p>\n

\n About ICL
<\/b>ICL Group LTD is a leading global specialty minerals and chemicals company that creates impactful solutions for\u00a0humanity’s sustainability challenges in global food, agriculture, and industrial markets. ICL leverages its unique bromine, potash and phosphate resources, its passionate team of talented employees, and its strong focus on R&D and technological innovation to drive growth across its end markets. ICL shares are dually listed on the New York Stock Exchange and the Tel Aviv Stock Exchange (NYSE and TASE: ICL). The company employs over 11,000 people worldwide, and its 2019 revenues totaled approximately\u00a0$5.3 billion.<\/p>\n

\n About Fertil\u00e1qua
<\/b>With over 100 different products, including those marketed under the leading Aminoagro, Dimicron and Maximus brands, \u00a0Fertil\u00e1qua offers a complete portfolio of plant life-cycle solutions for plant nutrition\u00a0and stimulation, soil revitalization, seed treatment and plant health across all key Brazilian crops, including soybeans, corn, sugarcane, cotton, coffee, fruits and vegetables.\u00a0 Fertil\u00e1qua has over 350 employees, two production sites and two research\u00a0and development centers.\u00a0 The company also has a presence in 24 Brazilian states and serves over 500 customers, including ag-input retailers, cooperatives and large farms. <\/p>\n

For more information, visit ICL’s website at\u00a0www.icl-group.com<\/a>.<\/p>\n

To access ICL’s interactive Corporate Social Responsibility report, please click\u00a0here<\/a>.<\/p>\n

You can also learn more about ICL on\u00a0Facebook<\/a>,\u00a0LinkedIn<\/a>\u00a0and\u00a0Instagram<\/a>.<\/p>\n

\n\n\n\n\n\n\n
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\n INVESTOR RELATIONS CONTACTS<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

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\n PRESS CONTACT<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

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\n Peggy Reilly Tharp<\/span>\n <\/p>\n<\/td>\n

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\n Dudi Musler<\/span>\n <\/p>\n<\/td>\n

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\n Or-li Kasuto Madmon<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

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\n VP, Global Investor Relations<\/span>\n <\/p>\n<\/td>\n

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\n Director, Investor Relations<\/span>\n <\/p>\n<\/td>\n

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\n Scherf Communications<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

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\n +1-314-369-3883<\/span>\n <\/p>\n<\/td>\n

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\n +972-3-684-4448<\/span>\n <\/p>\n<\/td>\n

\n

\n +972-52-4447750<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Peggy.ReillyTharp@icl-group.com<\/a>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Dudi.Musler@icl-group.com<\/a>
\n <\/span>\n <\/p>\n<\/td>\n

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\n
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\n Orli@scherfcom.com<\/a>
\n <\/u>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\u00a0<\/p>\n

\n \"Cision\" View original content:http:\/\/www.prnewswire.com\/news-releases\/icl-completes-acquisition-of-fertilaqua-301203081.html<\/a><\/p>\n

SOURCE ICL<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

Leading Brazilian specialty plant nutrition company enhances ICL’s position in high-growth, high-margin Brazilian specialty plant nutrition market PR Newswire TEL AVIV, Israel, Jan. 7, 2021 \/PRNewswire\/ — ICL (NYSE & TASE: ICL), a leading global specialty minerals and specialty chemicals company,\u00a0announced today\u00a0it completed the acquisition of Fertil\u00e1qua, one of\u00a0Brazil’s\u00a0leading specialty plant nutrition companies, for $122 million, which includes\u00a0the assumption of approximately $40 million of net debt.\u00a0 ICL expects to leverage Fertil\u00e1qua’s strong market presence and distribution capabilities to increase the sales of its organic fertilizers, controlled-released fertilizers and other specialty plant nutrition products to the Brazilian market, one of the world’s fastest growing agriculture markets. “We are delighted to add Fertil\u00e1qua to our crop nutrition business, as it gives ICL … <\/p>\n

Continue reading “ICL Completes Acquisition of Fertil\u00e1qua”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-410693","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nICL Completes Acquisition of Fertil\u00e1qua - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/icl-completes-acquisition-of-fertilaqua\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ICL Completes Acquisition of Fertil\u00e1qua - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Leading Brazilian specialty plant nutrition company enhances ICL’s position in high-growth, high-margin Brazilian specialty plant nutrition market PR Newswire TEL AVIV, Israel, Jan. 7, 2021 \/PRNewswire\/ — ICL (NYSE & TASE: ICL), a leading global specialty minerals and specialty chemicals company,\u00a0announced today\u00a0it completed the acquisition of Fertil\u00e1qua, one of\u00a0Brazil’s\u00a0leading specialty plant nutrition companies, for $122 million, which includes\u00a0the assumption of approximately $40 million of net debt.\u00a0 ICL expects to leverage Fertil\u00e1qua’s strong market presence and distribution capabilities to increase the sales of its organic fertilizers, controlled-released fertilizers and other specialty plant nutrition products to the Brazilian market, one of the world’s fastest growing agriculture markets. “We are delighted to add Fertil\u00e1qua to our crop nutrition business, as it gives ICL … Continue reading "ICL Completes Acquisition of Fertil\u00e1qua"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/icl-completes-acquisition-of-fertilaqua\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-07T21:03:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=LN40495&sd=2021-01-07\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/icl-completes-acquisition-of-fertilaqua\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/icl-completes-acquisition-of-fertilaqua\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"ICL Completes Acquisition of Fertil\u00e1qua\",\"datePublished\":\"2021-01-07T21:03:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/icl-completes-acquisition-of-fertilaqua\\\/\"},\"wordCount\":464,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/icl-completes-acquisition-of-fertilaqua\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=LN40495&sd=2021-01-07\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/icl-completes-acquisition-of-fertilaqua\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/icl-completes-acquisition-of-fertilaqua\\\/\",\"name\":\"ICL Completes Acquisition of Fertil\u00e1qua - 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