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

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