German fertiliser manufacturer Grupa Azoty has completed a €226.6m ($258m) acquisition of Polish speciality fertiliser producer Compo Expert Group for €9m less than the maximum price. However, analysts have expressed concern that Compo will be unable to ease its debt levels given the lack of transparency on the acquired debt in the agreement. Azoty previously said any debt increase from the acquisition was "in the scope" of its financing plan. Compo manufactures high added-value specialty fertilisers such as controlled release, slow release, and liquid fertilisers, as well as fertigation, foliar fertilisers, and biostimulants. It also manufactures high nutrient concentration NPK.
Polish fertiliser manufacturer Grupa Azoty has completed a €226.6m ($258m) acquisition of German speciality fertiliser producer Compo Expert Group for €9m less than the maximum price. However, analysts have expressed concern that Compo will be unable to ease its debt levels given the lack of transparency on the acquired debt in the agreement. Azoty previously said any debt increase from the acquisition was "in the scope" of its financing plan. Compo manufactures high added-value specialty fertilisers such as controlled release, slow release, and liquid fertilisers, as well as fertigation, foliar fertilisers, and biostimulants. It also manufactures high nutrient concentration NPK.