Helios buys Louis Dreyfus Co.’s African fertilizer business in $200 million deal

Africa-focused private capital investment firm, Helios Investment Partners has acquired Fertilizer and Inputs Holding from Louis Dreyfus Company, one of the world’s largest commodity traders. According to The Financial Times, people familiar with the deal value the transaction at being around $200 million, split equally between debt and equity.

Louis Dreyfus Company originally acquired Fertilizer and Inputs Holding in 2011. Established in 1947, the company now distributes fertilizers, crop protection products, seeds and industrial chemicals under its well-recognized brand, La Cigogne, in several markets on the continent including Angola, Burkina Faso, Cameroon, Ivory Coast, Madagascar, Mali and Senegal. Today, the company generates approximately $300 million in revenue annually. Helios plans to provide the firm with expansion capital to help accelerate the growth of the business and build “other country multi-distribution platforms” in the agricultural sector on the continent.

“We are excited to invest in a business that has considerable scale and a long history in its key markets,” said Alykhan Nathoo, a Partner at Helios. “Louis Dreyfus Company has been successful at expanding its fertilizers and inputs distribution network in Africa, which stands to benefit from the growing size and sophistication of the continent’s agriculture and industry.”

Standard Chartered and Société Générale acted as financial advisors and financing arrangers to Helios, while Vinson & Elkins acted as Helios’ primary legal advisor. Credit Suisse acted as sole financial advisor to Louis Dreyfus Company for the transaction, with Norton Rose Fulbright acting as the seller’s primary legal advisor.

The information on this page may have been provided by a contributor to ChinaGoAbroad, and ChinaGoAbroad makes no guarantees about the accuracy of any content. All content shall be used for informational purposes only. Contributors must obtain all necessary licenses and/or ownership rights from the relevant content owner(s) before submitting such content (including texts, pictures, photos and diagrams) to ChinaGoAbroad for publication. ChinaGoAbroad disclaims all liability arising from the publication of any content/information (such as texts, pictures, photos and diagrams that infringe on any copyright) received from contributors. Links may direct to third party sites out of the control of ChinaGoAbroad, and such links shall not be considered an endorsement by ChinaGoAbroad of any information contained on such third party sites. Please refer to our Disclaimer for more details.