Moscow (Russia) and Kassel (Germany), July 2, 2012 — "EuroChem" and «K + S Nitrogen» announced today the successful completion of its acquisition of the company EuroChem «K + S Nitrogen». Businesses for sale on Trade nitrogen fertilizer company «K + S» «EuroChem" was approved by the European Commission on antitrust June 25, 2012.
"The acquisition of« K + S Nitrogen »- our next strategic move to expand the geographical presence and on the approach to our end users," — Said Valery Rogalski, Director of Sales and Marketing "EuroChem".
The strategy of the company «K + S Group» provides business growth potassium and Magnesium Products business segment and salt, as well as the appropriate focus of management and financial resources.
In this regard, «K + S Group» sold last year, his «COMPO» business investment company "Triton" and declared May 8, 2012 for the sale «K + S Nitrogen» «EuroChem."
About K + S Nitrogen
K + S Nitrogen distributes nitrogen fertilizer among the large agricultural companies and producers of fruit, vegetable and grape crops. Along with the distribution of fertilizers produced at the facilities of "EuroChem Antwerpen" and delivered her company BASF, K + S Nitrogen is also on the market the other major European fertilizer producers. The company is headquartered in the city of Mannheim (Germany), and the number of employees worldwide is 180. More information can be found on the website
"EuroChem" — one of the world’s largest producers of chemical fertilizers. His company produces mainly nitrogen and phosphate fertilizers, as well as products of organic synthesis and iron ore. "EuroChem" — a vertically integrated company with a wide scope of activities, including areas of mining and natural gas to fertilizer production, logistics and distribution. The company is currently developing two large potash deposit in Russia as part of the Gremyachinskoye (planned capacity of 4.6 million tons per year) and Verkhnekamskoe (planned capacity of 3.4 million tons per year) of potash projects. More information can be found on the website