Proceeds from the $400 million investment will help FMC reduce debt by $1 billion as part of its strategic review conclusion.
FMC Corporation shares rose over 8% in pre-market trading after Tessenderlo Group agreed to acquire a 20% equity stake for $400 million. The Belgian industrial group will purchase shares at $13.30 each, securing roughly one-fifth of FMC’s outstanding common stock.
The investment aligns with FMC’s debt reduction strategy, targeting a $1 billion reduction. The deal also concludes the company’s strategic review process initiated in February 2026, with management reaffirming its commitment to independence.
Tessenderlo CEO Luc Tack stated the transaction strengthens its agricultural portfolio, expanding its presence in the global crop protection sector while providing FMC with additional financial flexibility.