03 January 2012 15:40 [Source: ICIS news]
LONDON (ICIS)--K+S has acquired Czech salt firm Solne Mlyny in order to further strengthen its position on the East European salt market, the Germany-based fertilizer firm said on Tuesday.
K+S’ purchase price was in the “middle one-digit million euros” range, it said without disclosing the exact price.
Solne Mlyny employs a staff of 70 and operates a salt processing plant in ?xml:namespace>
Kassel-based K+S handled the acquisition through its european salt company (esco), it said.
In 2009, K+S acquired Morton Salt from Dow Chemical to become a major salt supplier in North America.
For more on K+S and other producers visit ICIS company intelligence
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