Yara Suomi

{{Short description|Finnish fertilizer company}}

{{Notability|1=Companies|date=August 2024}}

{{more citations needed|date=December 2023}}

{{Use dmy dates|date=December 2023}}

{{Infobox company

| name = Yara Suomi Oy

| logo =

| logo_size = 180px

| former_name = Kemira GrowHow Oyj

| type = Wholly owned subsidiary

| foundation = {{Start date and age|1920|df=yes}}

| location_city = Espoo

| location_country = Finland

| key_people = Heikki Sirviö, CEO

| industry = Agriculture, chemicals

| products = Fertilizers, chemicals

| revenue = {{profit}} 1,166.2 million EUR (2006)

| net_income = {{loss}} 7.8 million EUR (2006)

| owner = Yara International

| num_employees = 2,500 (2006)

| homepage = {{URL|https://www.yara.fi/}}

}}

Yara Suomi Oy (formerly Kemira GrowHow Oyj) is a fertilizer producer headquartered in Espoo, Finland.{{R|kauppa-1}} Its products are sold in over 100 countries but it has market stronghold in Northern Europe. Most of the revenue (55%) comes from Western Europe, particularly from the UK and Ireland (18%).

Kemira Growhow was a division of Kemira, which was originally a fertilizer producer owned by state of Finland. Kemira's operations were started in 1920, and Kemira Growhow was separated from the rest of Kemira in 2004.{{R|hs-1}} In 2004, Kemira Growhow had 2,700 employees, a revenue of 1,220.9 million euros, with profit 47.8 million euros.

On 24 May 2007, Yara International, a Norwegian rival, bought 30.05% of the company from the Finnish State and offered to buy the rest, valuing the company at 671.8 million euros.{{R|iltas-1}} After the EU approval, Yara completed the acquisition, and in March 2008, Kemira GrowHow became Yara's subsidiary Yara Suomi and started rebranding its products to Yara.

References

{{Reflist|refs=

{{Cite web |url=https://www.kauppalehti.fi/yritykset/yritys/yara+suomi+oy/0948865-5 |title=Yara Suomi Oy |website=Kauppalehti |language=fi |access-date=21 December 2023}}

{{Cite web |url=https://www.hs.fi/talous/art-2000004485594.html |title=GrowHow ja Yara ovat nuoria pörssiyhtiötä |last=Iivonen |first=Jyrki |date=25 May 2007 |website=Helsingin Sanomat |language=fi |access-date=21 December 2023}}

{{Cite web |url=https://www.is.fi/taloussanomat/art-2000001510821.html |title=Norjalaisyhtiö ostaa Kemira GrowHow'n |date=24 May 2007 |website=Ilta-Sanomat |language=fi |access-date=21 December 2023}}

}}