Galvani was a Family owned Brazilian fertilizer company with two principal sites (in Paulínia - São Paulo and Luís Eduardo Magalhães - Bahia).
The purchase will cost around US 320 million (assets, plus debt) and additional provisional investments (oppening of one mine in Salitre and another in Santa Quitéria).
By this way Yara reinforce its commitment to be a raw material phosphate producer in Brazil, combing Galvani with the recently bought former Bunge retailing NPK operations (that gives Yara a 25% NPK Market share in Brazil).
