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Ridley Seizes Fertiliser Market Lead with $300M Incitec Pivot Deal

2:47am on Monday 2nd of June, 2025 AEST Agriculture
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Ridley Seizes Fertiliser Market Lead with $300M Incitec Pivot Deal

2:47am on Monday 2nd of June, 2025 AEST
Key Points
  • Acquisition of Incitec Pivot Fertilisers Distribution for $300 million
  • Expected 25%+ EPS accretion in FY26 including synergies
  • Capital raising of $125 million via entitlement offer and placement
  • Strategic supply agreement for urea from Perdaman by 2028
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