BLOG

LDC sells fertilizers business to Landmark Operations

05 January 20181 min reading

Louis Dreyfus Company (LDC) came to an agreement with Landmark Operations, the Australian ag-retail business to sell its fertilizer and inputs distribution business.

handshake

Netherland-based agribusiness company LDC has entered an agreement to sell its Australian fertilizer and inputs distribution business, Macrofertil Australia Pty Ltd, to Landmark Operations Ltd, the Australian ag-retail business of Canada-based Agrium Inc. Incorporated in October 2013, Macrofertil Australia Pty Ltd distributes a full range of fertilizers and crop protection products in Western Australia, South Australia and Victoria. The business includes six fertilizer storage and distribution assets with coating and blending capabilities, with annual sales exceeding 300 thousands tons and reaching to approximately US$120 million. Completion of the agreement is subject to customary closing conditions, and is expected to close in the first quarter of 2018.

Articles in News Category
20 May 20191 min reading

Syria establishes new state grain company

Syrian President Bashar al-Assad has issued a decree establishing a grain company to replace the st...

12 April 20181 min reading

Pests, disease eliminate a third of Mozambique crops

Pests and disease sweeping through Mozambique have destroyed at least a third of the country’s ag...

09 November 20171 min reading

Chinese firms planning to build railways to link Brazil’s grain regions to ports

Chinese firms plan to form a consortium to bid in an auction for the right to build and operate a r...