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ICL (NYSE: ICL), a global specialty minerals company, has agreed to acquire Compass Minerals América do Sul S.A. for approximately R$2,207 million (~US$402 million). This acquisition includes the assumption of R$600 million (~US$109 million) in net debt and an earnout of R$88 million (~US$16 million). The South American Plant Nutrition business, a leader in Brazil, serves over 32,000 farms and offers a wide range of plant nutrition solutions. The acquisition aims to enhance ICL's market position in Brazil, provide operational synergies, and expand its product portfolio.