Uralkali, a Russian potash fertilizer producer and exporter, agreed to acquire FertGrow, a Brazilian fertilizer distributor. Financial terms were not disclosed. "Uralkali attaches significant importance to developing its logistic infrastructure in order to ensure reliable long-term and spot deliveries worldwide. Brazil is one of the largest consumers of mineral fertilizers, thus the acquisition of a stake in FertGrow will considerably help Uralkali to optimize its operations in Latin America," Alexander Terletskiy, Uralkali Trading CEO.