Yara acquires remaining 50% of Balderton Fertiliser
Balderton is a fertilizer trading company in Europe trading 4.1 and 2.9 million tons of various products in 2008 and 2009 respectively, with a total turnover of USD 2.3 billion in 2008 and USD 0.8 billion in 2009. Balderton's strong positions in the FSU, Mediterranean, Asia and Africa compliment Yara's positions and distribution system throughout the world.
Balderton Fertilisers' average annual EBITDA for 2007-09 was USD 35 million.
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