# Ashland to acquire Pharmachem Laboratories for $660M

Ashland Global Holdings Inc. signed a definitive agreement to acquire privately owned Pharmachem Laboratories, Inc. for $660 million in an all-cash transaction. Pharmachem supplies ingredients to health and wellness industries and products to fragrance and flavor houses.

- Type: Acquisition
- Announced: 2017-04-17
- Where: New Jersey, United States
- Value: $660.0M
- Status: announced
- Products: nutritional ingredients, fragrance ingredients, flavor ingredients
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Ashland Global Holdings Inc](https://endata.com/companies/23383.md) (acquirer)
- [Pharmachem Laboratories](https://endata.com/companies/23631.md) (target)

## Sources

- [investor.ashland.com](https://investor.ashland.com/news-releases/news-release-details/ashland-acquire-pharmachem-laboratories-leading-international), 2017-04-17: "Ashland Global Holdings Inc. ... announced that its subsidiary has signed a definitive agreement to acquire privately owned Pharmachem Laboratories, Inc."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.