Triton has signed an agreement to acquire Fertiberia Group
Frankfurt (Germany), Madrid (Spain), 16 August 2019 – Funds advised by Triton (“Triton”) have signed an agreement to acquire Fertiberia Group S.A. (“Fertiberia”), a leading producer of fertilizers and industrial chemical products, from Grupo Villar Mir (“GMV”), a privately-owned Spanish conglomerate.
With some 1,400 employees across 14 production and blending units as well as a broad commercial and logistical network, Fertiberia offers a wide range of fertilizers and industrial chemicals products.
The transaction is subject to regulatory and other closing conditions. Terms and conditions are not disclosed.
Fertiberia produces and distributes a broad range of fertilizers providing solutions to all crop needs. Fertiberia is also one of the main players in the international ammonia and derivatives market, a product from which it produces and markets industrial products for other industries, and environmental solutions to different sectors.
The Fertiberia Group, a permanent reference for the fertilizer sector in Spain, is today one of the main producers of fertilizers and industrial chemical products in Europe.
Since its establishment in 1997, Triton has sponsored nine funds, focusing on businesses in the industrial, business services, consumer and health sectors.
The Triton funds invest in and support the positive development of medium-sized businesses headquartered in Europe.
Triton seeks to contribute to the building of better businesses for the longer term. Triton and its executives wish to be agents of positive change towards sustainable operational improvements and growth.
The 38 companies currently in Triton's portfolio have combined sales of around €14.7 billion and around 72,500 employees.
For further information: www.triton-partners.com