Grupa Azoty, the largest chemical company in Poland and the second biggest manufacturer of nitrogen and compounded fertilizers in the EU, has closed the share purchase agreement of COMPO EXPERT.
“The acquisition of COMPO EXPERT perfectly fits into our strategy to strengthen our position among the leading companies of agricultural solutions to the benefit of our customers,” said Wojciech Wardacki, the President of Grupa Azoty. “The entire COMPO EXPERT team has an important role for the joint development and progress, which includes all professionals in all functions and geographies.”
Thomas H. Ahrens, CEO of COMPO EXPERT said: “Grupa Azoty is a perfect fit for us. Our agricultural solutions can be seen as complementary to their product portfolio. COMPO EXPERT’s offering starts, where the one of Grupa Azoty ends. We are confident, that under the roof of Grupa Azoty we will accelerate our successful growth trajectory.”
Read the article online at: https://www.worldfertilizer.com/special-reports/08012019/grupa-azoty-purchases-compo-expert/