Compass Minerals International, Inc.
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Compass Minerals International, Inc. - overview
Established
1993
Location
Overland Park, KS, US
Primary Industry
Mining
About
Compass Minerals International, Inc. is a leading producer of essential mineral products, specializing in salt, plant nutrients, and magnesium chloride, while ensuring safety and efficiency in transportation and agriculture. Founded in 1993 in Overland Park, US, Compass Minerals International, Inc. focuses on the production and distribution of mineral products.
The company was targeted by Koch Industries in September 2022, acquiring shares for USD 252 million. The acquisition aligns with their strategy to enhance their sustainable lithium development project and reduce debt. Compass Minerals specializes in essential mineral products, focusing on salt, plant nutrients, and magnesium chloride. Their offerings include deicing products like FreezGard® and Safe Step®, and agricultural solutions such as Protassium+®.
This diverse range serves municipalities, government agencies, and agricultural producers across North America, the United Kingdom, and beyond. In the fiscal year 2024, Compass Minerals reported a revenue of USD 1. 12 bn, with an EBITDA of USD -11. 80 mn, reflecting their operational performance within their market segments.
The acquisition by Koch Industries will enable Compass Minerals to advance its sustainable lithium development project and stabilize its capital structure. The company aims to launch innovative products and expand into new geographic markets, leveraging the recent funding of USD 252 mn to support these strategic initiatives.
Primary Industry
Mining
Sub Industries
Warehouses, Mining & Quarrying of Nonmetallic Minerals
Website
www.compassminerals.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
Compass Minerals International, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Fortress North America, LLC | - | ||||||||
| LP Direct | Announced | Compass Minerals International, Inc. | - | ||||||||
| Add-on | Completed | Fortress North America, LLC | - | ||||||||
| IPO | Completed | Compass Minerals International, Inc. | - | ||||||||
| Add-on | Completed | IMC Global's salt and Ogden units | - |
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