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
 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.