Tessenderlo Kerley International signs agreement to acquire SOP production plant from Cinis Fertilizer AB
Friday, March 20, 2026
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.