A&O Shearman represents OCI Global on sale of its ammonia import and distribution business

The sale of OCI AH will include its European ammonia terminal and distribution platform. OCI AH owns both OCI Terminal Europoort B.V. (OTE), OCI’s ammonia import and storage terminal infrastructure in the Port of Rotterdam, and OCI Ammonia Distribution B.V. (OAD), OCI’s ammonia distribution and trading business serving third-party off-site European customers.

AGROFERT, the controlling company of the AGROFERT Group, is the second-largest producer of nitrogen fertilizers in Europe and one of the largest food and agricultural groups in central Europe.

With ammonia emerging as a scalable and commercially viable clean energy solution, both OTE and OAD are integral to advancing marine decarbonization in Europe. As a growing network of shipowners adopt ammonia as a clean fuel alternative, OTE and its associated infrastructure are expected to play an increasingly important role as the Port of Rotterdam transitions to a multi-fuel future. As one of the largest ammonia terminals in Europe, OTE is strategically positioned to enable the seamless import of blue and green ammonia to meet growing European demand.

The transaction forms part of an ongoing divestment strategy spanning multiple business lines and jurisdictions, on which the A&O Shearman team has been advising.

This transaction marks the third recent strategic M&A mandate on which A&O Shearman has advised OCI, following the sale of its Clean Ammonia Project in Beaumont, Texas to Woodside Energy for USD2.35 billion and the sale of OCI Methanol to Methanex Corporation for USD2.05bn.

The A&O Shearman team was led by M&A partner Oliver Bacon, and senior associates Cathy Gilmartin and Andrew Boyce. The broader team included partner Andrew Schoorlemmer, and associates Tara McGrath and Charlie Grainger, with support from trainee Hannah McGreevy.

The transaction signed on November 23, 2025, and is expected to close in H1 2026, subject to satisfaction of certain regulatory approvals, other customary closing procedures, and approval by shareholders.