# INEOS completes acquisition of Ashland Composites Business

INEOS Enterprises completed the acquisition of the entire composites business from Ashland Global Holdings Inc., including a BDO facility in Germany. The businesses have combined sales of over $1.1 billion per year and employ 1,250 people across 19 sites.

- Type: Acquisition
- Announced: 2019-09-03
- Status: completed
- Products: unsaturated polyester resins, vinyl ester resins, gelcoats, BDO
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [INEOS](https://endata.com/companies/9807.md) (acquirer)
- [Ashland Global Holdings Inc](https://endata.com/companies/23383.md) (target)

## Sources

- [ineos.com](https://www.ineos.com/news/shared-news/ineos-completes-the-acquisition-of-the-ashland-composites-business/), 2019-09-03: "We are very pleased to have completed the deal to acquire the Composites business from Ashland."

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