Kassel-Germany’s K+S Group said June 9 that it is considering the sale of its Compo unit, which is a supplier of branded goods for the home and garden market. The product range includes fertilizers, plant protection products, and potting soil, as well as specialty products for green, horticulture, special crops, and special agriculture applications. K+S says Compo is one of the best-known and most innovative brand and product portfolios, and is therefore in a very good position in a market that is currently very fragmented and characterized by high competition. K+S says it will concentrate on its potash and magnesium and salt businesses. K+S has tabbed Goldman Sachs to assist in the sale of Compo. It expects results within one year. In preparation, over the next few months K+S will develop a concept for a possible carve-out of Compo from the K+S Group. Compo has revenues of approximately ?é¼400 million (US$484.4 million) and employs about 1,100 people all over the world.
Transparency Across the Fertilizer Value-Chain