Agrium, already the world’s
largest fertilizer retail company, has a deal to buy Macrofertil, a fertilizer
distribution business in Australia, from Louis Dreyfus Co.
Financial terms of the deal were not immediately available.
The company says the Macrofertil business includes six fertilizer
storage and distribution assets with coating and blending capabilities, and
about $155 million in annual sales.
Agrium's owns Landmark Operations Ltd. in Australia; it sells crop
inputs and agricultural merchandise and provides agronomic advice and services
for wool and livestock sales, finance, insurance and real estate.
Atrium of Calgary is merging with Potash Corp. of Saskatchewan, which is the world’s
largest potash mining company.
