Tessenderlo Kerley International signs agreement to acquire SOP production plant from Cinis Fertilizer AB

^{Regulated information[1]} 

On March 20, 2026, Tessenderlo Kerley, part of Tessenderlo Group signed an Asset Transfer Agreement to acquire a production plant previously owned by Cinis Fertilizer AB (Sweden). The production plant, located in Sweden, produces sulphate of potassium (SOP) and was built with the aim of producing an environmentally friendly mineral fertilizer for sustainable agriculture. The acquisition will be integrated within Tessenderlo Kerley International (operating segment Agro). The transaction is still subject to local regulatory approvals and is expected to close in the second quarter of 2026.

“With this acquisition, we reinforce our growth ambitions and our commitment to sustainability. It expands our footprint, further diversifies our portfolio of production technologies, and strengthens our ability to serve customers globally with high-quality crop-nutrition solutions.” said Geert Gyselinck, Executive Vice President, Tessenderlo Kerley International.

The transaction is not expected to have a material impact on the results of the group.

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About Tessenderlo Kerley International

Tessenderlo Kerley International, part of Tessenderlo Group is a Belgian based global leader in the production and marketing of premium quality sulphate of potash (SOP) and liquid thiosulfate fertilizers, organic and organo- mineral fertilizers, as well as selected crop protection products and essential chemicals. Guided by its promise “precisely where you need us,” Tessenderlo Kerley International delivers precise, high performance crop nutrition and crop protection solutions that help farmers increase efficiency, yield, and crop quality while caring for people, soil, and the planet. With over 100 years of expertise, eight production sites across Europe, and customers in more than 100 countries worldwide, Tessenderlo Kerley International has built a strong reputation as a reliable partner in agricultural solutions and essential chemicals for a broad range of applications. Its diversified product portfolio addresses farmers’ evolving challenges by delivering key molecules and nutrients in forms that protect crops, enhance soil health, and optimize nutrient use efficiency.

About Tessenderlo Group

Tessenderlo Group is an industrial group that focuses on agriculture, valorizing bio-residuals, machinery, mechanical engineering, electronics, energy, and providing industrial solutions with a focus on water. With its headquarters in Belgium, the group is active in over 100 countries and it has a global team of approximately 7,000 employees. Its belief that “Every Molecule Counts” is at the heart of the strategy of the group: Tessenderlo Group continually strives to valorize its products and processes to the maximum and to add value to everything it does. In 2025, Tessenderlo Group recorded a consolidated revenue of 2.8 billion EUR. Tessenderlo Group is listed on Euronext Brussels and is part of the Next 150 and BEL Mid indices. Financial News wires: Bloomberg: TESB BB - Reuters: TESB.BR - Datastream: B:Tes. For more information about Tessenderlo Group, its people, its brands, and its results, please visit www.tessenderlo.com.

 

^{[1] The information provided includes regulated information, as defined in the Royal Decree of November 14, 2007, regarding the duties of issuers of financial instruments permitted to trade on regulated markets.}