The acquisition of Fertiláqua enhances ICL's position in the high growth, high margin Brazilian specialty plant nutrition market.
The agreement outlines plans for jointly supporting farmer organizations and initiating sustainable agriculture programs
These new product launches align with the company's commitment to empower growers with cutting-edge solutions
Acquisition positions ICL as Brazil’s leading specialty plant nutrition company
The addition of the South American Plant Nutrition business will allow ICL to offer its customers the broadest and most advanced portfolio of plant nutrition products, covering the entire agricultural value chain
The transaction is expected to close in April 2021, subject to customary closing conditions
ICL expects to leverage Fertiláqua's strong market presence and distribution capabilities to increase the sales of its organic fertilizers.
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