YILDIRIM Group to acquire Terra Mineralna Gnojiva from PPD and INA.

YILDIRIM Group, a holding company, agreed to acquire Terra Mineralna Gnojiva, a partnership company which has a 54.52% stake in Petrokemija, the only Croatian mineral fertilizer factory, from PPD, a Croatian company conducting its business in trade, import, sale and supply of natural gas, and INA, a Croatian multinational oil company. Financial terms were not disclosed. Terra Mineralna Gnojiva is a partnership company owned by PPD and INA, which entered the ownership structure of Petrokemija on October 31, 2018. Petrokemija is ready for further business development and deserves a partner who knows the market of mineral fertilizers, brings new knowledge, and guarantees future development, and opens doors to new markets and products.