Post by
Wisee on Apr 17, 2014 1:02am
Compass Minerals Will Buy EPK for US$200 Million
Compass Minerals' subsiary SOP company (Great Salt Lake Minerals Company) is only three hours away from EPK's property.
They can expand their existing facility to double production and truck EPK's SOP product there, saving huge amounts on the CAPEX.
With an EBITDA of $140 million, they would have the EPK's purchase paid within 18 -24 months.
A WIN WIN scenario.
Wisee
Comment by
Pennybuyer on Apr 17, 2014 9:00am
Bubba and Wisee, thanks for the informative posts. It looks like some good things are coming for a Epk. A perfect storm is brewing with SOP shortage and all that Epk had to offer.