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Stone Canyon Industries Holdings, Mark Demetree and Affiliates Announce Closing of Acquisition of K+S Americas Salt Business Including Morton Salt
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LOS ANGELES, April 30, 2021 /PRNewswire/ Stone Canyon Industries Holdings LLC ( SCIH ), Kissner Group Holdings minority owner and CEO Mark Demetree, and affiliates today announced they have closed on their acquisition of K+S Aktiengesellschaft s Americas salt business, including Morton Salt, for a previously disclosed purchase price of $3.2 billion. We are excited to move to the next stage of SCIH s acquisition of the iconic Morton Salt brand and the family of K+S Americas products, said James Fordyce, Co-Chairman and Co-CEO of SCIH. Combined with SCIH s Kissner Group Holdings, the Americas salt business offers an extensive line of products to consumers as well as governmental and commercial customers. The acquisition further enhances SCIH s long-term, growth-oriented busi