CF Industries

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CF Industries Holdings, Inc.
Public
Traded asNYSECF
S&P 500 Component
IndustryManufacturing and distribution
Founded1946 (1946)
HeadquartersDeerfield, Illinois, United States
Area served
North America
ProductsFertilizer
RevenueDecrease US$ 3.685 billion (2016) [1]
Decrease US$ 134.0 million (2016) [1]
Decrease US$ -422.0 million (2016) [1]
Total assetsIncrease US$ 15.131 billion (2016) [1]
Total equityDecrease US$ 3.348 billion (2016) [1]
Number of employees
2,900 (2016) [1]
Websitewww.cfindustries.com

CF Industries Holdings, Inc. is a North American manufacturer and distributor of agricultural fertilizers, based in Deerfield, Illinois, a suburb of Chicago. It was founded in 1946 as the Central Farmers Fertilizer Company. For its first 56 years, it was a federation of regional agricultural supply cooperatives. CF then demutualized, and became a publicly traded company.

Operations[edit]

The primary operating subsidiary is CF Industries, Inc.

History[edit]

The company was founded in 1946 as the Central Farmers Fertilizer Company, a federation of regional agricultural supply cooperatives.[2]

CF demutualized in 2002 and made an initial public offering of shares of equity stock in 2005.[2] Since 2008, the shares of CF Industries have been included in the S&P 500 index of large-cap stock prices.[3]

In 2013, Mosaic Company agreed to buy CF Industries' phosphate business for $1.4 billion in cash.[4]

In 2014, Yara International announced that it was in talks with CF Industries about a possible merger of equals, a deal worth over $27 billion.[5]

On July 1, 2015, CF Industries announces an agreement to acquire remaining 50% interest in GrowHow from Yara for $580 million.[6]

On August 6, 2015, CF Industries announced that it will combine with OCI N.V.'s European, North American and Global Distribution businesses for $8 billion. The combined company will be domiciled in the UK and it will use the CF Industries name.[7]

On May 31, 2016, CF Industries announced the termination of the proposed combination with the European, North American and Global Distribution businesses of OCI.[8]

References[edit]

  1. ^ a b c d e f https://finance.yahoo.com/quote/CF/financials?p=CF
  2. ^ a b "Corporate Profile – CF Industries' History". CF Industries. Archived from the original on October 9, 2007. Retrieved 2008-09-12.
  3. ^ "CF - CF Industries Replaces EDS - Electronics Data Systems In S&P 500 Index". S&P 500 Stocks. RiSh, LLC. Aug 27, 2008. Retrieved Apr 6, 2015.
  4. ^ Mosaic Co. to spend about $1.4 billion on purchase of CF Industries phosphate business Associated Press (Minneapolis Star Tribune) October 28, 2013
  5. ^ Yara, CF in talks to create $27 billion fertilizer giant. Reuters, 23 September 2014
  6. ^ Streetinsider, 1 July 2015,
  7. ^ http://www.businesswire.com/news/home/20150806005598/en/CF-Industries-OCI-Create-Global-Nitrogen-Leader#.VcNQHF8irIU
  8. ^ https://www.cfindustries.com/insights-and-news/2016/termination-of-proposed-combination-of-cf-industries-with-ocis-european-north-american-and-global-distribution-businesses

External links[edit]