Add-on Acquisition • Chemicals

Compass Minerals Acquires Fortress North America

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

Acquisition Context

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.

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M&A Deal Summary
Date	August 9, 2023
Target	Fortress North America
Sector	Chemicals
Buyer(s)	Compass Minerals
Deal Type	Add-on Acquisition

Target Company

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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