Completion of Incitec Pivot Fertilisers Acquisition
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| Stock | DNL.ASX (DNL.ASX) |
|---|---|
| Release Time | 1 Oct 2025, 9:02 a.m. |
| Price Sensitive | Yes |
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Ridley Completes Incitec Pivot Fertilisers Acquisition
Key Points
- Ridley acquires Incitec Pivot Fertilisers business for $300 million
- Acquisition establishes a new growth pillar for Ridley
- Ridley to subsequently acquire the Geelong North Shore property for $75 million
Full Summary
Ridley Corporation Limited (ASX:RIC) has announced the completion of the acquisition of Dyno Nobel's Incitec Pivot Fertilisers business on 30 September 2025. In May of this year, Ridley announced entry into a binding agreement to acquire the Incitec Pivot Fertilisers business for $300 million with put/call options to subsequently acquire the Geelong North Shore property for $75 million. The acquisition of Incitec Pivot Fertilisers establishes a new growth pillar for Ridley, reinforcing its position as a leading diversified Australian agricultural services company.
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