Yara Suomi Oy has agreed to purchase Ecolan Oy, a circular economy company producing fertilizers from recycled materials. Yara aims to participate in climate neutral food production together with farmers and the food industry by offering sustainable solutions, tools and know-how for sustainable agriculture. Recycled nutrients are one part of the nutrition solutions of the future, and Yara’s strategic objective is to expand its offering to the growing bio-segment.
“We have had good ongoing cooperation with Ecolan, and now we are able to combine the knowledge of Ecolan and Yara in order to develop recycled fertilizers even further. The objective is to offer recycled fertilizers also beyond Finland in the European markets”, states Timo Räsänen, Director Specialty Products at Yara Suomi Oy
Sisu Partners acted as the financial adviser for Palvelurahasto I Ky, a fund advised by Korona Invest.
“Sisu Partners provided high-quality advisory services with a customer-centric and goal-oriented approach. Sisu’s professional team appreciated our wishes and expectations, showing resilience and perseverance during the different phases in the multifaceted sale process. We were able to reach a satisfying result with the help of Sisu Partners, and Ecolan will get a good owner to support the future growth and development of the business”, says Vesa Lehtomäki, Chairman of the Board at Korona Invest.
Read more in the press release published by Ecolan (in Finnish).