Divestiture • Chemicals

Yara International Acquires Saskferco Products

On July 15, 2008, Yara International acquired chemicals company Saskferco Products from Mosaic

Acquisition Context
  • This is Yara International’s 5th transaction in the Chemicals sector.
  • This is Yara International’s 1st transaction in Canada.
  • This is Yara International’s 1st transaction in Saskatchewan.

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M&A Deal Summary

Date July 15, 2008
Target Saskferco Products
Sector Chemicals
Buyer(s) Yara International
Sellers(s) Mosaic
Deal Type Divestiture

Target Company

Saskferco Products

Belle Plaine, Saskatchewan, Canada
Saskferco Products, Inc. is one of the most gas efficient producers of ammonia, urea and UAN, with strategic proximity to western Canada's large and cost competitive gas reserves.
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Buyer Overview 1

Buyer

Yara International

Oslo, Norway

Category Company
Founded 1905
Sector Chemicals
Employees16,624
Revenue 13.9B USD (2024)
DESCRIPTION

Yara International is an entity which manufactures nitrogen chemicals worldwide. Yara was founded in 1905 and is based in Oslo, Norway.


Deal Context for Buyer #
Overall 5 of 12
Sector: Chemicals 5 of 8
Type: Divestiture 1 of 2
State: Saskatchewan 1 of 1
Country: Canada 1 of 1
Year: 2008 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-09-21 Kemira GrowHow Oyj

Siilinjärvi, Finland

Kemira GrowHow Oyj is a producer of fertilizers and feed phosphates in Europe, with production facilities in 8 countries, sales to over 100 countries. Kemira GrowHow Oyj focuses on providing customized fertilizers and related services for crop cultivation, feed phosphates for use in animal feed, as well as process chemicals for selected industrial segments. The company owns and operates a major phosphate mine at Siilinjärvi, Finland and has access to additional phosphate rock through mining rights at Sokli, also in Finland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-01-28 Balderton Fertilisers SA

Geneva, Switzerland

Balderton Fertilisers SA is a fertilizer trading company in Europe trading 4.1 and 2.9 million tons of various products in 2008 and 2009 respectively

Buy $130M

Seller Profile 1

SELLER

Mosaic

Tampa, Florida, United States

Category Company
Founded 2004
Sector Chemicals
Employees13,765
Revenue 11.1B USD (2024)
DESCRIPTION
Mosaic corporate headquarters in Plymouth, Minnesota.
Mosaic corporate headquarters in Plymouth, Minnesota.

Mosaic is a producer and marketer of concentrated phosphate and potash crop nutrients. Mosaic is a single source provider of phosphate and potash fertilizers and feed ingredients for the global agriculture industry. Mosaic was founded in 2004 and is based in Tampa, Florida.


Deal Context for Seller #
Overall 1 of 3
Sector: Chemicals 1 of 1
Type: Divestiture 1 of 3
State: Saskatchewan 1 of 1
Country: Canada 1 of 1
Year: 2008 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-01-28 Cargill - Fertilizer Business

Minnesota, United States

Cargill's fertilizer business is a global producer of fertilizers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-10-03 Hunter Straker

North York, Ontario, Canada

Hunter Straker provides award winning insight & strategy, multibrand scale programs, shopper marketing, consumer promotions, partnership marketing, digital, branding & package design and innovation/new product launches.

Buy -