CF Industries

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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.

Operations

The primary operating subsidiary is CF Industries, Inc.

History

The company was founded in 1946 as the Central Farmers Fertilizer Company, a federation of regional agricultural supply cooperatives.[4]

CF demutualized in 2002 and made an initial public offering of shares of equity stock in 2005.[4] Since 2008, the shares of CF Industries have been included in the S&P 500 index of large-cap stock prices.[5]

In 2013, Mosaic Company agreed to buy CF Industries' phosphate business for $1.4 billion in cash.[6]

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.[7]

On July 1st 2015, CF Industries announces an agreement to acquire remaining 50% interest in GrowHow from Yara for $580 million.[8]

On August 6th 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. [9]

References

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External links

  • Company website
  • Corporate profile – CF Industries’ history
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  6. Mosaic Co. to spend about $1.4 billion on purchase of CF Industries phosphate business Associated Press (Minneapolis Star Tribune) October 28, 2013
  7. Yara, CF in talks to create $27 billion fertilizer giant. Reuters, 23 September 2014
  8. Streetinsider, 1 July 2015,
  9. http://www.businesswire.com/news/home/20150806005598/en/CF-Industries-OCI-Create-Global-Nitrogen-Leader#.VcNQHF8irIU