Koch Ag & Energy Solutions Acquires Iowa Fertilizer Company (IFCO) from OCI Global
August 29, 2024
Koch Ag & Energy Solutions (KAES) completed the acquisition of Iowa Fertilizer Company LLC (IFCO) from OCI Global for $3.6 billion on a cash-free, debt-free basis, closing Aug. 29, 2024 (deal signed Dec. 18, 2023). The Wever, Iowa facility — commissioned in 2017 with capacity of 3.5 million metric tons of nitrogen fertilizers and diesel exhaust fluid annually — joins Koch's fertilizer platform, expanding its US production footprint and eastern U.S. market reach.
- Buyers
- Koch Ag & Energy Solutions (KAES)
- Targets
- Iowa Fertilizer Company LLC (IFCO)
- Sellers
- OCI Global
- Industry
- Agriculture
- Location
- Iowa, United States
- Transaction Type
- Divestiture
Explore More
Related Acquisitions
-
Synagro Technologies Acquires New England Fertilizer Company (NEFCO)
November 29, 2023
Environmental Services
Synagro Technologies, Inc. has acquired New England Fertilizer Company (NEFCO), a Massachusetts-based biosolids management company, in a strategic transaction that expands Synagro's thermal-drying and beneficial-use capabilities. The deal adds five large facilities and several major municipal clients to Synagro's network, advancing its circular-economy offerings and capacity for biosolids beneficial use.
-
Koch Equity Development Acquires iconectiv from Ericsson and Francisco Partners
August 16, 2024
Telecommunications
Koch Equity Development LLC (KED), the investment arm of Koch, Inc., has agreed to acquire iconectiv, LLC, a telecommunications solutions and numbering administration provider, from Ericsson and affiliates of Francisco Partners. iconectiv will operate as a wholly owned independent subsidiary based in Bridgewater, New Jersey, with the deal expected to close in Q1 2025 subject to regulatory approvals.
-
SPATCO Energy Solutions Acquires K&K Electric
November 30, 2023
Electrical Services
SPATCO Energy Solutions, a Kian Capital–backed infrastructure services platform, has acquired K&K Electric, Inc., an electrical services provider focused on petroleum fueling and EV infrastructure based in Sanford, Florida. The add-on expands SPATCO's petroleum and EV capabilities and Florida footprint, adding roughly 70 electricians and strengthening service offerings across the Southeast United States.
-
American Industrial Acquisition Corporation Acquires KI USA Corporation
November 21, 2024
Manufacturing
An affiliate of American Industrial Acquisition Corporation (AIAC) has acquired KI USA Corporation from Keiaisha Co., Ltd. The deal includes KI USA’s Berea, Kentucky manufacturing facility and its subsidiary in Irapuato, Guanajuato, Mexico; AIAC intends to maintain technical support from Keiaisha during transition and pursue additional long‑term automotive contracts.
-
Methanex Acquires OCI Methanol from OCI Global for $1.6 Billion
June 27, 2025
Energy
Methanex Corporation has completed the acquisition of 100% of OCI Global's methanol business (OCI Methanol) for USD 1.6 billion on a cash‑free, debt‑free basis, consisting of approximately USD 1.3 billion of cash and 9.9 million Methanex common shares. The deal transfers multiple methanol production assets (including facilities in Beaumont, Texas and Delfzijl, Netherlands, and OCI's HyFuels low‑carbon business) to Methanex and enables OCI to return capital to shareholders and reduce debt.
-
Kleen-Tech Services Acquires IFS Group, Inc.
July 17, 2023
Industrial Services
Kleen-Tech Services, a nationwide janitorial and custodial services provider based in Denver, has acquired IFS Group, a Charleston-based janitorial and facilities services firm founded in 2002. The acquisition expands Kleen-Tech’s operations into Eastern markets and adds local operational resources and client relationships in the Charleston area.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.