Announced
Completed
Financials
Tags
Chemicals: Diversified
plant nutrients
Minority
Single Bidder
United States
essential minerals
magnesium chloride
Acquisition
Public
Domestic
Friendly
Completed
Synopsis
Koch Industries, an American privately held multinational conglomerate corporation based in Wichita, Kansas, completed a $252m investment in Compass Minerals, a global provider of essential minerals. "We are pleased to welcome KM&T as our investment partner and look forward to leveraging their deep expertise and proven track record of building value. Securing funding to aggressively pursue phase one of our lithium growth opportunity has been an important focus for our management team. This strategic investment will help drive our lithium project forward, strengthen our balance sheet and enhance execution capabilities across our entire platform," Kevin S. Crutchfield, Compass Minerals President and CEO.
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