EuroChem to acquire a 51.48% stake in Fertilizantes Heringer for $97m.

EuroChem, a global fertilizer producer, agreed to acquire a 51.48% stake in Fertilizantes Heringer, a Brazilian fertilizer distributor, for $97m. "This acquisition, following anti-trust approval, will enable EuroChem to better serve the total market of Brazil – from north to south – even more reliably, while providing more outlets for our full product line of standard and premium fertilizers," Charles Bendaña, EuroChem Group Global Head of Sales and Distribution.