on K+S Aktiengesellschaft (ETR:SDF)
K+S Acquires Qemetica's Salt Business in Poland and Germany
K+S Aktiengesellschaft has announced the acquisition of Qemetica's salt business in Poland and Germany. The deal is valued between EUR 350 million and EUR 380 million, contingent on performance, with an EBITDA multiple of approximately 7x. The acquisition targets sites in Janikowo, Poland, and Stassfurt, Germany, with a 2025 revenue projection of EUR 125 million and an EBITDA of nearly EUR 50 million.
This strategic purchase will enhance K+S's stable and evolving salt operations in Europe while providing growth opportunities in Central Eastern Europe. The company is considering various financing options to manage the purchase price, aiming to maintain its debt ratio. The transaction, pending regulatory approval, is expected to close in the first quarter of 2027.
R. H.
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