K+S sells its Americas salt business to Stone Canyon Industries Holding, Mark Demetree and Affiliates
K+S Aktiengesellschaft signed a contract to sell its Americas salt business bundled together as the Americas Operating Unit to Stone Canyon Industries Holdings LLC (“SCIH”), Mark Demetree and affiliates:
- Contract of sale of the Americas salt business for USD 3.2 billion signed
- Milestone in reducing debt significantly
- Clear focus on costs and cash flow as part of the realignment
- Solid financial basis for sustainable development of K+S