December 2, 2009 (FinancialWire) — The Mosaic Co. (NYSE: MOS) has sold its Thailand distribution business to I C P Fertilizer Co., Ltd.

According to Mosaic, the sale of this business is another step toward increasing Mosaic’s alignment of its global distribution network with its North American production assets. The transaction will be recorded in the second quarter ended November 30, 2009.

Mosaic is a producer and marketer of concentrated phosphate and potash crop nutrients. Mosaic is a single source provider of phosphate and potash fertilizers and feed ingredients for the global agriculture industry.

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