EuroChem completed the acquisition of a majority stake in Fertilizantes Tocantins.

EuroChem Group, a global agrochemical company, completed the acquisition of a majority stake in Fertilizantes Tocantins, a fertilizer distribution company in Brazil. Financial terms were not disclosed. “The acquisition of Fertilizantes Tocantins creates compelling growth opportunities for EuroChem in Brazil, allowing us to significantly expand our offering of high-quality fertilizers to local farmers. With José Eduardo continuing as CEO, we are well placed to tap into Brazil’s fast-growing fertilizer market,” Dmitry Strezhnev, EuroChem’s CEO.