EANS-News: K+S Aktiengesellschaft
Closing has been concluded
K+S
successfully completes sale of COMPO
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Company Information Kassel (euro adhoc) - Kassel, Germany - October 18, 2011 Closing has been concluded K+S successfully completes sale of COMPO K+S Aktiengesellschaft has successfully concluded the sale of COMPO to the European private equity investor Triton, after the EU cartel authorities have approved the deal as of September 26. The strategy of the K+S Group provides for growth particularly in the Potash and Magnesium Products segment as well as the Salt business segments and for a focus of management resources and financial means on this. Against this backdrop, K+S had announced the sale of COMPO to Triton on June 20, 2011. About COMPO COMPO, based in Münster/Westphalia, is one of the leading suppliers of branded goods for home and garden. The range of products includes fertilizers, plant protection products, high-quality potting soils and speciality products for public green areas, professional horticulture, special crops and special applications in agriculture. The company has one of the best-known brand and most innovative product portfolios in the sector and employs 1,075 people globally. About Triton Triton is an independent European private equity investor and focuses on companies in German-speaking countries and Northern Europe. Triton invests in market leaders in attractive niches with a high value-creation potential. Investors in the Triton funds are renowned institutional investors, pension funds, families and foundations. About K+S The K+S Group is one of the world's leading suppliers of standard and speciality fertilizers. In the salt business, K+S is the world´s leading producer with sites in Europe as well as North and South America. K+S offers a comprehensive range of goods and services for agriculture, industry, and private consumers which provides growth opportunities in virtually every sphere of daily life. The K+S Group employs more than 14,000 people. K+S - the commodities stock on the German DAX index - is listed on all German stock exchanges (ISIN: DE000KSAG888, symbol: SDF). More information about K+S can be found at www.k-plus-s.com. Your contact persons: Press: Ulrich Göbel phone: +49 561 9301-1722 fax: +49 561 9301-1666 ulrich.goebel@k-plus-s.com Investor Relations: Christian Herrmann, CFA phone: +49 561 9301-1460 fax: +49 561 9301-2425 christian.herrmann@k-plus-s.com Forward-Looking Statements Statements in this release that are forward-looking statements are subject to various risks and uncertainties. Such statements represent management's best judgment as of the date hereof based on information currently available. Statements in this press release other than purely historical information, including statements relating to the companies' future plans and objectives or expected results, constitute forward-looking statements. Forward looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the companies' business. The companies do not assume the obligation to update any forward-looking statement. Further inquiry note: Your contact persons: Press: Ulrich Göbel phone: +49 561 9301-1722 fax: +49 561 9301-1666 ulrich.goebel@k-plus-s.com Investor Relations: Christian Herrmann, CFA phone: +49 561 9301-1460 fax: +49 561 9301-2425 christian.herrmann@k-plus-s.com K+S Aktiengesellschaft Kommunikation und Medien Postfach 10 20 29, 34111 Kassel Bertha-von-Suttner-Str. 7, 34131 Kassel www.k-plus-s.com ; __________________________________________________________ Aufsichtsratsvorsitzender: Dr. Ralf Bethke Vorstand: Norbert Steiner (Vors.), Joachim Felker, Gerd Grimmig, Dr. Thomas Nöcker, Jan Peter Nonnenkamp Sitz der Gesellschaft: Kassel; Handelsregister: Kassel HRB 2669 end of announcement euro adhoc -------------------------------------------------------------------------------- company: K+S Aktiengesellschaft Bertha-von-Suttner-Straße 7 D-34131 Kassel phone: +49 (0)561 9301-1460 FAX: +49 (0)561 9301-2425 mail: christian.herrmann@k-plus-s.com WWW: http://www.k-plus-s.com sector: Chemicals ISIN: DE000KSAG888 indexes: DAX, Midcap Market Index, CDAX, Classic All Share, HDAX, Prime All Share stockmarkets: official dealing/prime standard: Frankfurt, regulated dealing: Stuttgart, München, official dealing: Berlin, Hamburg, Hannover language: English
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