AGROFERT completed the acquisition of the nitrogen business of Borealis for €810m.

AGROFERT, a Czech conglomerate holding company headquartered in Prague, Czech Republic, completed the acquisition of the nitrogen business of Borealis, a provider of advanced and circular polyolefin solutions, for €810m. By adding Borealis’ production assets in Austria, Germany, and France, as well as a comprehensive sales and distribution network, this business combination complements AGROFERT’s existing capabilities in serving its customers in the fertilizers and technical nitrogen business across Europe. Additionally, the sale extends AGROFERT’s existing portfolio with melamine.