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Markets :: Basic Chemicals :: Inorganic Chemicals :: Fertilizers

Origin Enterprises Buys U.K. Fertilizer Company

5:55 AM MDT | June 21, 2011 | Kerri Walsh

Fertilizer producer Origin Enterprises (Dublin) has agreed to acquire CM Fertilisers, the fertilizer activities of Carrs Milling Industries (Carlisle, U.K). Origin has agreed to pay £19 million ($31 million), plus the working capital related debt at the completion of the deal, which is estimated at £5.9 million. CM Fertilisers blends raw fertilizer materials into finished product, which it then sells to merchants, agents, and directly to farmers. The company serves the arable, forestry, grassland, and horticulture sectors. The company markets...

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