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Fertiglobe Acquires Wengfu Australia, Targets $1 Billion EBITDA by 2030

AMMONIA

Fertiglobe plc has acquired Wengfu Australia's distribution assets, expected to contribute $23 million in annual EBITDA by 2030, alongside an additional $22 million from increased DEF and AGU production. The company aims for a total EBITDA of $1 billion by 2030, bolstered by a 53% year-over-year revenue increase to $758 million in Q3 2025 and a 370% rise in adjusted net profit. Despite a recent stock decline, analysts remain optimistic, though challenges in the low-carbon ammonia sector and rising costs present potential risks.

Fertiglobe Acquires Wengfu Australia, Targets $1 Billion EBITDA by 2030
Jan 16, 2026, 6:11 AM

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