Announced
Completed
Financials
Tags
Fertilizers
Single Bidder
Friendly
Private
Germany
Private Equity
Acquisition
Majority
Cross Border
plants products
Completed
Synopsis
Duke Street, a private equity firm, completed the acquisition of COMPO Consumer, a European firm in branded products for plants in the house and garden, from Kingenta Ecological Engineering Group, a public fertilizers provider. The transaction is still subject to customary regulatory approvals. Completion is expected in the course of the year, for $353m. “After enjoying the support of Kingenta for a number of years, the business is poised for this exciting next stage of its evolution. Sustainability is of particular importance for Duke Street and that aligns perfectly with our careful stewardship of this business and with the growing priorities of our customers and end-consumers,” Stephan Engster, COMPO CEO.
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