Ridley completed the acquisition of the fertiliser distribution business of Incitec Pivot for $300m.

Synopsis

Ridley, a provider of premium quality, high-performance animal nutrition solutions, completed the acquisition of the fertiliser distribution business of Incitec Pivot, a manufacturer of industrial explosives, chemicals, and fertilizers for the mining and agriculture sectors, for $300m.

Principals

target

Incitec Pivot (fertilisers Business)

bidder

Ridley Corporation

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Market Context