Louis Dreyfus Co. (LDC) today announced the sale of its Africa-based fertilizers and inputs operations, Fertilizers and Inputs Holding BV, to Africa-focused private investment firm, Helios Investment Partners.
Acquired by LDC in 2011, Fertilizers and Inputs Holding BV distributes fertilizers, crop protection products, seeds as well as industrial chemicals throughout West Africa. The company generates approximately US$300 million in sales annually.
Louis Dreyfus said the deal will allow it to focus on forging partnerships in other geographies outside Africa. It will continue to use its Macrofertil brand to continue to deliver fertilizers and inputs products.