Grupa Azoty acquires Compo Expert

摘要

Grupa Azoty (Tarnow, Poland) says it has agreed to acquire specialty fer- tilizer company Compo Expert Group (Münster, Germany) from private equity frm Xio Group. Grupa Azoty will purchase Goat TopCo, a subsidi- ary of Xio that controls Compo Expert. Grupa Azoty says the purchase price "will not be higher than" €235 million ($273 million). The deal, which remains subject to approval from Grupa Azoty's shareholders, is expected to close in the fourth quarter of 2018 or frst quarter of 2019.