CF Industries

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CF Industries Holdings, Inc.
Public
Traded as NYSECF
S&P 500 Component
Industry Manufacturing and distribution
Founded 1946 (1946)
Headquarters Deerfield, Illinois, United States
Area served
North America
Products Fertilizer
Revenue Decrease US$ 3.685 billion (2016) [1]
Decrease US$ 134.0 million (2016) [1]
Decrease US$ -422.0 million (2016) [1]
Total assets Increase US$ 15.131 billion (2016) [1]
Total equity Decrease US$ 3.348 billion (2016) [1]
Number of employees
2,900 (2016) [1]
Website www.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.[3]

CF demutualized in 2002 and made an initial public offering of shares of equity stock in 2005.[3] Since 2008, the shares of CF Industries have been included in the S&P 500 index of large-cap stock prices.[4]

In 2013, Mosaic Company agreed to buy CF Industries' phosphate business for $1.4 billion in cash.[5]

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.[6]

On July 1, 2015, CF Industries announces an agreement to acquire remaining 50% interest in GrowHow from Yara for $580 million.[7]

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.[8]

On May 31, 2016, CF Industries announced the termination of the proposed combination with the European, North American and Global Distribution businesses of OCI.[9]

References[edit]

External links[edit]