October 27, 2020
Israeli chemical company ICL said Monday that it agreed buy Brazilian plant nutrition company Fertiláqua from local private equity firm Aqua Capital for roughly $120 million.
Fertiláqua markets more than 100 products under the Aminoagro, Dimicron and Maximus brands. Its customers include retailers, cooperatives and large farms, ICL said in a press release. The Tel Aviv-based company plans to close the deal in early 2021, it added.
The acquisition gives ICL "a significant foothold in a major mark
Israeli chemical company agrees to pay $120 mln for the plant nutrition company