The Online Investor
Materials M&A image Materials M&A » By The Online Investor Staff, updated Wed., Jul. 6, 10:15 AM Recent mergers and acquisitions in the Materials M&A category.

Slide #74. Rentech Nitrogen Partners, L.P. Agrifos LLC

Acquirer: Rentech Nitrogen Partners, L.P. (RNF)
Acquiree: Agrifos LLC
Details: Rentech Nitrogen Partners, L.P. announced that it has entered into a definitive agreement with Agrifos Holdings Inc. to purchase all of the membership interests of Agrifos LLC, for an initial purchase price of $158 million. Agrifos owns and operates a plant in Pasadena, Texas, that produces primarily ammonium sulfate fertilizer. The initial consideration is to consist of $138 million of cash, to be provided through an amended credit facility, and $20 million of common units of Rentech Nitrogen. The acquisition is expected to be accretive to cash available for distribution per unit beginning in 2013. Rentech Nitrogen will host a conference call today at 7:00 a.m. PDT to provide additional details regarding the transaction.

Rentech Nitrogen Partners is a holding company. Through its subsidiaries, Co. owns and operates fertilizer business. Co. owns and operates two fertilizer facilities: East Dubuque Facility and Pasadena Facility. Co.'s East Dubuque Facility produces ammonia, urea ammonium nitrate solution, liquid and granular urea, nitric acid and food-grade carbon dioxide. Co. produces ammonium sulfate, ammonium thiosulfate and sulfuric acid at its Pasadena Facility. Co.'s Pasadena Facility's products are applied to various types of crops including soybeans, potatoes, cotton, canola, alfalfa, corn and wheat.

Open the RNF Page at The Online Investor »

Company Name: 
Rentech Nitrogen Partners L.P.
Agricultural Chemicals

Open the RNF Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes

Email EnvelopeFree RNF Email Alerts:
Get SEC Filing Alerts
Get Dividend Alerts

Hold (2.00 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
powered by Xignite

Materials M&A - Slide 74 of 80 Page |

Copyright © 1998 - 2022, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.