# Morocco's phosphate company to acquire 20 pct stake of Spain's fertilizer giant - Xinhua | English.news.cn

> Moroccan state phosphate producer OCP announced it will acquire a 20 percent stake in Fertinagro, Spain's largest fertilizer manufacturer. The deal is intended to bring Fertinagro's specialty product know-how and its ability to serve farmers' specific needs into OCP's business.

- Date: 2018-06-15 · published 2018-06-15T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/64845-morocco-s-phosphate-company-to-acquire-20-pct-stake-of-spain-s-fertilizer-giant
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

The stake is a corporate move that gives OCP more reach into specialty fertilizer distribution in Europe, with no clear immediate change to supply volumes or prices for feed inputs.

## Sources

- xinhuanet.com: http://www.xinhuanet.com/english/2018-06/15/c_137254546.htm

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.