Under the terms of the agreement finalized on September 23, 2026, Tessenderlo Group purchased 30,319,166 shares of FMC common stock at $13.30 per share. This transaction establishes a significant minority position for the Belgian group, which has committed to a three-year lock-up period and standard standstill restrictions.
In section Releases
Tessenderlo Group Acquires 20% Stake in FMC Corporation
Tessenderlo Group has finalized a $403 million investment in FMC Corporation, securing a 20% stake in the agricultural sciences firm. The deal, which closed following regulatory approval, grants the Belgian industrial group a seat on FMC's board of directors and initiates a long-term strategic partnership between the two entities.
As part of the governance changes accompanying the investment, Luc Tack, CEO of Tessenderlo Group, has been nominated to join the FMC Board of Directors. BofA Securities and Goldman Sachs acted as financial advisors for FMC, while legal counsel was provided by Davis Polk & Wardwell, Stibbe, and Sullivan & Cromwell.
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