Compass Minerals to acquire Wolf Trax Compass Minerals has signed a definitive agreement to acquire Wolf Trax in an all-cash transaction valued at $85M, subject to customary post-closing adjustments. Headquartered in Winnipeg, Manitoba, Wolf Trax generated sales of approximately CA$20M in FY13. Compass Minerals will fund the purchase with cash on hand.
Compass Minerals names Matthew Foulston new CFO Compass Minerals (CMP) announced that Matthew J. Foulston will join the company as CFO effective Dec. 2. Foulston comes to Compass Minerals from Navistar International (NAV) in Chicago where he was the senior vice president of operations and corporate finance. Previously, he was the vice president and chief financial officer at Navistar Truck. He also served as senior vice president and chief financial officer at Mazda North America and held several leadership positions at Ford Motor Company in Germany, the U.K. and the U.S.