* Unit had annual sales of around $300 mln
* Louis Dreyfus planning series of divestments
By Gus Trompiz
PARIS, July 24 (Reuters) – Louis Dreyfus Company has agreed to sell its African fertilizer business to Helios Investment Partners, sealing the first of a series of divestments planned by Louis Dreyfus as it responds to a tough cycle for agricultural commodity traders.
Helios, a private equity firm, is to acquire 100 percent of Fertilizers and Inputs Holding B.V., a distributor of fertilizers, crop protection products, seeds and industrial chemicals in West Africa that has annual sales of around $300 million, Helios and Louis Dreyfus said in a statement on Monday.
Financial terms of the transaction, which is pending regulatory approval…
Read the full article at: https://www.reuters.com/article/louisdreyfus-fertiliser-helios-idUSL5N1KF357