How it started
History
K+S was founded in 1889 as Aktiengesellschaft für Bergbau und Tiefbohrung, was renamed to Kaliwerke Salzdetfurth AG in 1899, and was again renamed to Salzdetfurth AG in 1937. After merging with the potash division of BASF subsidiary Wintershall in 1973, the company was renamed to Kali und Salz (Kalium = potassium and Salz = salt in German). In 1999, the company was renamed K+S. From September 2008 to March 2016, the stock was part of German stock index DAX, consisting of the 30 major German companies trading on the Frankfurt Stock Exchange. It was excluded from the DAX because of inadequate market capitalization. K+S has expanded internationally and is represented in 22 countries in 4 continents. K+S is used in Europe and is found in Belgium, the Czech Republic, France, Germany, Italy, the Netherlands, Poland, Portugal, Russia, Spain, Sweden, Switzerland and the United Kingdom. It is found in North America in The Bahamas, Canada and the US. In South America it can be found in Brazil, Chile and Peru, China, India and Singapore in Asia, and South Africa in Africa
From Wikipedia’s article on K+S, shared under CC BY-SA 4.0.2
