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# Israel Chemicals has sealed a good deal

Publication Date: 16.07.2021, 16:00

The company received an opportunity to strengthen its position in South America.

The American Compass Minerals has completed the sale of its special fertilizer business subdivision in South America. Israel Chemicals acquired it for $432 million.

This deal helped Compass Minerals to improve its assets portfolio, while Israel Chemicals became able to strengthen its position in the South American market, as the acquired subdivision is presented in 25 of 26 states of Brazil and directly or indirectly serves over 32 thousand farms.

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