The buyer of the company set up in Dubai Multi Commodities Center was Sabri Erzin Atach, manager of Acta Fertilizers.
The fertilizer producer informed the market on the creation of its subsidiary in March 2008 and on the intention to sell the stocks held by the manager of the company.
Azomures reported a profit of 6.17 million lei (€1.46 million) in the nine month period through September 2009, and in the third quarter it posted 10.65 million lei loss.
Azomures has a share capital of 52.6 million lei, divided into 526 million shares at a face value of 0.1lei.
The majority shareholder of the company is Eurofert Investments LLC New Castle USA, investment fund held by Transworld Fertilizers Holding Luxembourg with 55.97% stake. Azomures Holding LLC Wilmington USA holds 19.05%.
The company’s market cap is around 147.8 million (€34.9 million), according to Dec 24 closing quote of 0.281 lei/share.
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