Louis Dreyfus Divests from African Fertilizers Business

July 24, 2017

1 Min Read
Louis Dreyfus Divests from African Fertilizers Business
Image courtesy of Louis Dreyfus Company

Dutch agribusiness firm Louis Dreyfus Company divested from its fertilizers and inputs business in Africa in a sale to Helios Investment Partners completed Monday, the Rotterdam, Netherlands-based company announced.

Fertilizers and Inputs Holding B.V., a distributor of fertilizers, crop protection products, seeds, and industrial chemicals in western Africa, generates $300 million in annual sales.

“Our global fertilizers and inputs business has expanded its reach, sales volumes, and customer base in recent years. This transaction is fully in line with our strategy of concentrating on businesses in which we enjoy closer ties to product orientation and farmer relationships,” said Gonzalo Ramirez Martiarena, Louis Dreyfus’ chief executive officer, in a statement. “It will also allow us to strengthen our focus on forging partnerships in other geographies outside Africa. Through our Macrofertil brand, we can continue to deliver a diversified range of fertilizers and inputs products and high-quality services to our customers in the rest of the world.”

Louis Dreyfus acquired Fertilizers and Inputs Holding B.V. in 2011. The sale to Helios is subject to regulatory approvals and other customary closing conditions.

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