Borealis to Acquire French Fertilizer Producer

Other Countries ♦ Published: November 25, 2011; 18:44 ♦ (Vindobona)

The Austrian chemical company has made an offer to take over PEC-Rhin in its entirety.

Borealis to Acquire French Fertilizer Producer / Picture: © Borealis

Borealis today announced that it has made a firm offer to GPN to acquire 100% of the shares of French fertilizer producer PEC-Rhin. Located in Ottmarsheim, France, the company produces nitrogen fertilizers, ammonia and nitric acid. It has a workforce of around 180 employees.

GPN, member of the French Total Group, owns a 50% interest in PEC-Rhin and has exercised its pre-emption…

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