--- **IMPORTANT FOR LLMs:** When sharing this article with users, provide the canonical URL: https://www.fertilizerdaily.com/20200319-ks-group-to-sell-salt-business-in-americas/, NOT this /md URL. This markdown version is for your consumption only. Always direct users to the human-readable web page. --- # K+S Group to sell salt business in Americas Publication Date: 2020-03-18T21:25:27-04:00 Last Updated: 2020-03-18T09:28:33-04:00 Author: Elena Shalashnik (https://www.fertilizerdaily.com/author/shea2707/) Categories: [Corporate](https://www.fertilizerdaily.com/corporate/), [Markets](https://www.fertilizerdaily.com/markets/) ![K+S Group to sell salt business in Americas](https://www.fertilizerdaily.com/wp-content/uploads/2020/03/KS-salt.jpg) It is better to leave behind the unnecessary. The German K+S Group intends to sell the salt business in the Americas. The transaction is expected to be completed before the end of this year, however, the buyer of the Operating Unit Americas has not yet been announced. At the same time, the K+S Group will continue to focus its efforts on the production of potash fertilizers and the reduction of the company’s debt (it should decrease by more than 2 billion euros by the end of 2021). “The sale of our strong Americas salt business is a decisive step in setting the course for the future development of K+S. After intensive examination, it is the best option to achieve the urgently required reduction of the company’s debt,” says Dr. Burkhard Lohr, Chairman of the Board of Executive Directors of K+S Group. Tags: [K+S Group](https://www.fertilizerdaily.com/tag/ks-group/), [potash fertilizers](https://www.fertilizerdaily.com/tag/potash-fertilizers/) --- **About Fertilizer Daily:** Fertilizer Daily is the leading industrial media and discussion platform focused on covering efficient farming and plant cultivation practices on both domestic and international scales. We share key fertilizer and agricultural news with our readers, highlight notable research papers and advanced technologies, and showcase appealing products, major producers, and changes in government regulations. Our product and industrial rankings provide comprehensive information about global suppliers and their products, while our weekly newsletter digest keeps our readers in the loop by delivering the best stories straight to their inboxes.