Geneva-Koch Fertilizer Trading Sarl and Francefert Sas have executed a letter of intent outlining the terms by which Koch and an affiliate would acquire certain assets of Francefert, a fertilizer trading and marketing firm based in Chesnay, France. Philippe Schrapp, president of Francefert, would join the Koch Fertilizer affiliate in its France office following the completion of the acquisition, which is expected later this quarter. The transaction is subject to finalization and execution of definitive documents. Koch Fertilizer Trading Sarl is an affiliate of U.S.-based Koch Nitrogen Co., a wholly-owned unit of Koch Industries Inc., which Forbes magazine calls the world’s largest privately held company.
Transparency Across the Fertilizer Value-Chain