CF Industries Holdings, Inc. is a North American manufacturer and distributor of agricultural fertilizers, based in Deerfield, Illinois, a suburb of Chicago. It was founded in 1946 as the Central Farmers Fertilizer Company. For its first 56 years, it was a federation of regional agricultural supply cooperatives. CF then demutualized, and became a publicly traded company.
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Operations
The primary operating subsidiary is CF Industries, Inc.
Maps CF Industries
History
The company was founded in 1946 as the Central Farmers Fertilizer Company, a federation of regional agricultural supply cooperatives.
CF demutualized in 2002 and made an initial public offering of shares of equity stock in 2005. Since 2008, the shares of CF Industries have been included in the S&P 500 index of large-cap stock prices.
In 2013, Mosaic Company agreed to buy CF Industries' phosphate business for $1.4 billion in cash.
In 2014, Yara International announced that it was in talks with CF Industries about a possible merger of equals, a deal worth over $27 billion.
On July 1, 2015, CF Industries announces an agreement to acquire remaining 50% interest in GrowHow from Yara for $580 million.
On August 6, 2015, CF Industries announced that it will combine with OCI N.V.'s European, North American and Global Distribution businesses for $8 billion. The combined company will be domiciled in the UK and it will use the CF Industries name.
On May 31, 2016, CF Industries announced the termination of the proposed combination with the European, North American and Global Distribution businesses of OCI.
References
External links
- Company website
- Corporate profile - CF Industries' history
- "CF Industries restarting fertilizer plant closed by Gustav". Chicago Tribune. 2009-09-09.
- Toby Shute (July 29, 2008). "A Cash Flood for CF Industries". Motley Fool.
Source of the article : Wikipedia
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