OCI Global announces sale of OCI Ammonia Holding to AGROFERT
(Posted on 02/12/25)
OCI Global, a leading global producer and distributor of nitrogen products has announced that it has reached an agreement for the sale of 100% of its equity interests in OCI Ammonia Holding B.V. to AGROFERT, a.s., a significant European nitrogen products manufacturer, (the “Transaction”) for a total consideration of EUR 290 million (the “Transaction Consideration”). OCI AH owns both OCI Terminal Europoort B.V.– OCI’s ammonia import and storage terminal in Rotterdam – and OCI Ammonia Distribution B.V. (“OAD”) – OCI’s ammonia distribution platform, serving third party off-site European customers.
Transaction Details:
The Transaction is expected to close in H1 2026 subject to satisfaction of certain regulatory approvals, other customary closing procedures and OCI N.V. shareholder approval at an extraordinary general meeting to be convened.
OCI Nitrogen – OCI’s production facility in Geleen – will continue to have access to OTE via a throughput agreement, ensuring ammonia sourcing flexibility.
OCI continues to evaluate strategic options for its production facility in Geleen and will update the market in due course.
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