Compass Minerals Announces Acquisition of Outstanding 55% Interest in Fortress North America

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May 09, 2023

Compass Minerals (NYSE: CMP), a leading global provider of essential minerals, today announced that it has acquired the outstanding 55% interest in Fortress North America (Fortress), a next-generation fire retardant company, bringing the company’s ownership stake to 100%. Building upon a previous 45% minority ownership stake that Compass Minerals has held in Fortress since January 2022, the transaction provides Compass Minerals full ownership of all Fortress assets, contracts and intellectual property.