Grupo Fertiberia to acquire Fertimix to foster its sales of low-carbon sustainable crop solutions in Europe

23 Nov 2022 15:19 CET

Grupo Fertiberia to acquire Fertimix to foster its sales of low-carbon
sustainable crop solutions in Europe

The acquisition expands Grupo Fertiberia’s international footprint into markets
with high potential for development of sustainable high-value-added crop
nutrition solutions

Madrid, 23 November 2022

Grupo Fertiberia is taking another step in its strategy to grow its sales of
sustainable innovative solutions, expanding its distribution capabilities to
Benelux. Fertiberia, S.A., a subsidiary of Global Agrajes, S.L.U, has today
entered into a definitive agreement to acquire Fertimix BV, a renowed wholesaler
of fertilizers with highly efficient logistic assets in Belgium and the
Netherlands.

Fertimix has a long tradition of reliably serving the needs of agricultural
customers in the Netherlands and Belgium. The business operates two waterfront
bulk terminals, one near Breda in the Netherlands and another one in Grobbendonk
(Belgium). This logistic position allows Fertimix to efficiently serve not only
customers in Benelux but also in Germany and South East Asia, thanks to
efficient logistics from Rotterdam.

Fertimix will provide Grupo Fertiberia with a strong platform in European
markets where it is expected to be a high demand for Fertiberia´s low-carbon
and other sustainable crop nutrition solutions. Upon completion of the
acquisition, Grupo Fertiberia will count with incremental distribution
capabilities in strategic markets to meet the increase in production of
high-value added solutions.

The acquisition is expected to close in the first quarter of 2023, subject to
the fulfilment of customary closing conditions, including regulatory approvals.

For further information, please contact:

- Juan Ignacio Navarro, CFO, +34915866207, juanignacio.navarro@fertiberia.es
- Alfredo González-Panizo Tamargo, General Counsel, +34915865808,
alfredo.gonzalez@fertiberia.es

This announcement contains information which is considered to be inside
information pursuant to article 7 of the EU Market Abuse Regulation and is
subject to the disclosure requirements in section 5-12 of the Norwegian
Securities Trading Act.

This announcement was published by Alfredo González-Panizo Tamargo, General
Counsel, on 23 November 2022 at 15:00 CET.

More information:
Access the news on Oslo Bors NewsWeb site

576533_OSOLO BORS_inside information_FERTIMIX.pdf