Sale of Yara Formates completed


The sale of Yara Formates to ADDCON Agrar has been completed.

The Norwegian company informed last year that it has been negotiating a sale of Yara Formates to ADDCON, a privately owned German company focused exclusively on the formates business.

The negotiations have now been completed, and 100 per cent of the shares in Yara Formates have been taken over by ADDCON.

ADDCON says it intents to continue the operational activities of Yara Formates without major changes.

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