Nov 15, 2018ACQUISITIONMarl, Germany, Germany Ashland sells Composites business and Marl BDO facility to INEOS for $1.1B
Ashland Global Holdings signed a definitive agreement to sell its Composites business and the butanediol manufacturing facility in Marl, Germany, to INEOS Enterprises for approximately $1.1 billion. The transaction is expected to close before the end of June 2019.
Productsunsaturated polyester resinsvinyl ester resinsgel coatsbutanediol
“Ashland today announced it has signed a definitive agreement to sell its Composites business and the butanediol manufacturing facility in Marl, Germany, to INEOS Enterprises in a transaction valued at approximately $1.1 billion.”investor.ashland.com
- 3 sources
- investor.ashland.comAshland signs definitive agreement to sell Composites business and butanediol facility in Marl, Germany, to INEOS Enterprises for $1.1 billion | Ashland Inc.Nov 15, 2018
- textileworld.comThe Valence Group Advises INEOS Enterprises On Its Acquisition Of Ashland’s Composites Business And BDO Facility In Germany | Textile WorldJim BornemanNov 15, 2018
- defence-industries.comThe Valence Group Advises INEOS Enterprises on Its Acquisition of Ashlands Composites Business and BDO Facility in GermanyLouis HuyzenDec 17, 2018
Summarized from public sources; check the original articles before acting on it.
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