Mergers and Acquisitions / Purchase of parts of a company

• K+S acquires Qemetica's salt business in Poland and Germany (2025 EBITDA: just under EUR 50 million)
• Purchase price ranging from EUR 350 million toEUR 380 million, depending on performance (Purchase price/EBITDA: ~7x)
• The acquisition strengthens the Company’s already very stable salt business in Europe sustainably and offers additional growth potential in Central Eastern Europe as well as synergies

On June 2, 2026, the K+S Group, acting through its subsidiary esco international GmbH, signed an agreement to acquire the salt business of Qemetica, located in Janikowo, Poland, and Stassfurt, Germany (2025 revenue: approx. EUR 125 million, 2025 EBITDA: just under EUR 50 million, total assets: just under EUR 200 million, about 400 employees).

The purchase price ranges between EUR 350 million and EUR 380 million, depending on Qemetica Salt’s business success for 2026 and 2027 (Purchase price/EBITDA: ~7x). The closing is subject to the usual closing conditions, including approval by the competition authorities, and is expected in Q1/2027. The K+S Group’s debt ratio (net debt/EBITDA) is expected to remain largely unchanged. K+S is evaluating various financing and capital market instruments to fund the purchase price for the acquisition and to optimize the Group’s financing structure. The timing, implementation, and structure of such financing will depend primarily on developments in the capital market
environment and financing conditions. If no financing has been secured by the closing date, K+S can draw on existing liquidity and firmly committed credit lines and, if necessary, refinance at a later date. 

For the K+S Group, the acquisition of the two evaporated salt sites in Janikowo, Poland, and Stassfurt, Germany, offers an opportunity to further expand its own very stable salt business in Europe, which is operating in a market environment that has recently seen significant improvements. Moreover, this creates additional growth potential in Central and Eastern Europe as well as synergies. The Qemetica sites focus on the production of salt specialties for water softening and for the food industry.