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KKR-backed Archean Group divests majority stake in fertiliser business in Senegal

By Diksha Dutta

  • 11 Sep 2014
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KKR-backed Archean Group divests majority stake in fertiliser business in Senegal

Chennai-based privately held industrial conglomerate Archean Group, which was recently backed with mezzanine funding from KKR, has divested its entire stake in a fertiliser business in Senegal housed under Industries Chimiques du Sénégal (ICS) to SP Lohia Group.ICS is Senegal's largest industrial complex, producing marketable phosphate, from a mine in ......

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