M&A Deal Summary

Compass Minerals Acquires Fortress North America

On August 9, 2023, Compass Minerals acquired chemicals company Fortress North America

Acquisition Highlights
  • This is Compass Minerals’ 5th transaction in the Chemicals sector.
  • This is Compass Minerals’ 2nd transaction in the United States.
  • This is Compass Minerals’ 1st transaction in Montana.

M&A Deal Summary
Date 2023-08-09
Target Fortress North America
Sector Chemicals
Buyer(s) Compass Minerals
Deal Type Add-on Acquisition

Target

Fortress North America

Stevensville, Montana, United States
Fortress North America is a long-term fire retardant (LTR) Company focused on developing environmentally friendly solutions by bringing together expertise in chemistry, engineering, environmental science, firefighting, and operations, all with the shared mission of saving lives, lands, property, and the planet from destructive wildfires. It is developing a comprehensive suite of long-term fire retardant (LTR) solutions inclusive of aerial, ground, and residential formulations, purpose-built for the unique demands of each setting. Fortress North America was formed in 2019 and is based in Stevensville, Montana.

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Buyer(S) 1

Buyer

Compass Minerals

Overland Park, Kansas, United States
Category Company
Founded 1993
Sector Distribution
Employees2,000
Revenue 1.2B USD (2023)
DESCRIPTION
Compass Minerals' corporate headquarters in Overland Park, Kansas.
Compass Minerals' corporate headquarters in Overland Park, Kansas.

Compass Minerals is a supplier of highway deicing products, helping to keep roadways safe . Compass Minerals also provides food salt, water care products, packaged deicing, minerals for animal nutrition, and other salt and mineral products to consumers and industry throughout North America. Compass Minerals was founded in 1993 and is based in Overland Park, Kansas.

DEAL STATS #
Overall 6 of 6
Sector (Chemicals) 5 of 5
Type (Add-on Acquisition) 4 of 4
State (Montana) 1 of 1
Country (United States) 2 of 2
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-08 Compass Minerals North American Micronutrient Assets

Overland Park, Kansas, United States

Compass Minerals' North American Micronutrient Assets provides food salt, water care products, packaged deicing, and mineral products.

Sell $60M
Mergr

Product

Company

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