Binningen, Switzerland — Ameropa Holding AG, the Swiss-based international grain and fertilizer trader, has finalized a transaction to take an indirect majority stake in Romanian fertilizer producer Azomures SA, according to a March 22 statement from Azomures. In an agreement that was signed last November, Pelican Fertilizers GmbH, a unit of Ameropa, acquired a 75.88 percent stake in Azomures, which is directly held by Eurofert Investments LLC and Azomures Holdings LLC. Financial details of the transaction were not disclosed.
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