appears to have a close connection with its subject . it may require cleanup to comply with wikipedia s content policies particularly neutral point of view . please discuss further on the talk page . october 2015 learn how and when to remove this template message k s ag type aktiengesellschaft traded as fwb sdf otcqx kpluy industry chemicals founded 1889 headquarters kassel germany key people norbert steiner ceo and chairman of the executive board ralf bethke chairman of the supervisory board products fertilizers plant chemicals salt revenue 3.82 billion 2014 1 operating income 641.3 million 2014 1 profit 366.6 million 2014 1 total assets 7.855 billion end 2014 1 total equity 3.975 billion end 2014 1 number of employees 14 295 fte average 2014 1 website www.k plus s.com k s ag formerly kali und salz gmbh is a german international resources company headquartered in kassel germany . the company is europe s largest supplier of potash for use in fertilizer 2 and after the acquisition of morton salt the world s largest salt producer . 3 the firm also produces and distributes other mineral fertilizers such as those from magnesium and sulphur . k s is mainly active in europe north and south america with more than 14 000 employees worldwide 2014 . 1 contents 1 history 2 operations 3 subsidiaries 4 see also 5 references 6 external links history edit k s was founded in 1889 as aktiengesellschaft f r bergbau und tiefbohrung and was renamed to salzdetfurth ag in 1899 . 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. since september 22 2008 the stock is part of german stock index dax consisting of the 30 major german companies trading on the frankfurt stock exchange . 4 k s has expanded internationally and is represented in 22 different countries belgium the czech republic france germany great britain italy the netherlands poland portugal russian federation spain sweden and switzerland in europe canada and the us in north america brazil chile and peru in south america south africa china india and singapore . 5 operations edit the k s group has three divisions which are strategically technically and economically closely linked . they are supported by service units and holding functions of the k s ag potash and magnesium products salt complementaryactivities . 6 subsidiaries edit morton salt based in chicago usa 7 parent of canadian salt company k s potash canada gp based in saskatoon canada 8 k s chile s.a. based in santiago chile 9 k s kali gmbh based in kassel germany 10 esco european salt company gmbh & co.kg based in hannover germany 11 chemische fabrik kalk based in cologne germany 12 k s transport gmbh based in hamburg germany 13 see also edit companies portal morton salt subsidiary of k s canadian salt company subsidiary of k s chemische fabrik kalk a former subsidiary of k s references edit a b c d e f g annual report 2014 pdf . k s. retrieved 29 july 2015 . levy tal 4 september 2007 . market report hapoalim stock wilts on top level rumbles . haaretz . retrieved 2008 10 19 . burger ludwig 2 april 2009 . five facts about k s takeover of morton salt . reuters . retrieved 2009 08 10 . k s replaces tui in dax k s website sites k s website our business morton salt k s potash canada k s chile s.a. k s kali gmbh esco european salt company gmbh & co.kg chemische fabrik kalk gmbh cfk k s transport gmbh external links edit wikimedia commons has media related to k s ag . official website v t e dax companies of germany adidas allianz basf bayer beiersdorf bmw commerzbank continental daimler deutsche bank deutsche b rse deutsche post deutsche telekom e.on fresenius fresenius medical care heidelbergcement henkel infineon technologies k s linde lufthansa merck munich re rwe sap siemens thyssenkrupp volkswagen vonovia this german corporation or company article is a stub . you can help 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