CF Industries

CF Industries Holdings, Inc.
Public
Traded as NYSE: CF
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$ 5.4747 billion (2013) [1]
  • Increase US$ 6.104 billion (2012) [1]
  • Decrease US$ 2.4117 billion (2013) [1]
  • Increase US$ 2.9594 billion (2012) [1]
  • Decrease US$ 1.4646 billion (2013) [1]
  • Increase US$ 1.8487 billion (2012) [1]
Total assets
  • Increase US$ 10.6781 billion (2013) [2]
  • Increase US$ 10.1669 billion (2012) [1]
Total equity
  • Decrease US$ 5.4384 billion (2013) [2]
  • Increase US$ 6.2822 billion (2012) [2]
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

The primary operating subsidiary is CF Industries, Inc.

History

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]

References

  1. 1 2 3 4 5 6 7 "CF Industries Holdings, Inc. 2013 Annual Report Form (10-K)" (XBRL). United States Securities and Exchange Commission. February 27, 2014.
  2. 1 2 3 "CF Industries Holdings, Inc. 2014 Q1 Quarterly Report Form (10-Q)" (XBRL). United States Securities and Exchange Commission. May 8, 2014.
  3. 1 2 "Corporate Profile – CF Industries' History". CF Industries. Archived from the original on October 9, 2007. Retrieved 2008-09-12.
  4. ↑ "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.
  5. ↑ Mosaic Co. to spend about $1.4 billion on purchase of CF Industries phosphate business Associated Press (Minneapolis Star Tribune) October 28, 2013
  6. ↑ Yara, CF in talks to create $27 billion fertilizer giant. Reuters, 23 September 2014
  7. ↑ Streetinsider, 1 July 2015,
  8. ↑ http://www.businesswire.com/news/home/20150806005598/en/CF-Industries-OCI-Create-Global-Nitrogen-Leader#.VcNQHF8irIU

External links


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