ICL expands presence in UK fertiliser market
© GNP Global soil nutrition and minerals company ICL has acquired GreenBest, a Somerset-based specialist fertiliser manufacturer.
ICL is a major player in global fertiliser markets, with more than 12,000 employees and 38 production sites around the world.
The firm already supplies fertiliser products into the UK market, working with a number of domestic suppliers.
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The GreenBest deal, for an undisclosed sum, follows two acquisitions by ICL in 2024: Brazilian biostimulants manufacturer Nitro 1000 and US-based fertiliser business CAF.
Elad Aharonson, president of ICL Growing Solutions, said: “With over 25 years of expertise in custom manufacturing of advanced granular and liquid nutrition, GreenBest has built a strong reputation for agility and customer-focused solutions.
“The synergy between GreenBest’s specialised expertise and ICL’s global resources is set to deliver a strong value proposition to customers.
“Its established market channels and production capacity will support future growth, while ICL brings extra investment and supply chain efficiencies.
“Our cutting-edge fertiliser technologies will enrich GreenBest’s existing product lineup, offering improved innovation, streamlined operations and world-class customer service.”
Tim Le Mesurier, founder and managing director of GreenBest, said: “The GreenBest team is thrilled to join the ICL family. It will enable us to combine our strengths, expand our innovation capabilities, and provide even greater value to our customers worldwide.”