Kassel, Germany-MCC Holding Ltd., Cyprus, including OJSC MCC EuroChem, Moscow, has increased its stake in K+S Aktiengesellschaft, Kassel, from 10.43 percent to 15.001 percent. MCC manages industrial holdings of Andrei Melnichenko on a fiduciary basis and has always emphasized that it regards its investment in K+S as a financial investment. Now that MCC has exceeded the 15 percent threshold, K+S says it perceives MCC as a strategic investor. K+S says this step underscores that MCC is convinced of the medium- and long-term prospects of the company, even in the currently volatile financial market environment. K+S is one of the world’s leading suppliers of specialty and standard fertilizers and plant care, as well as salt products.
Transparency Across the Fertilizer Value-Chain