# Ashland completes sale of Composites business and BDO facility to INEOS

Ashland Global Holdings Inc. completed the sale of its Composites business and butanediol manufacturing facility in Marl, Germany, to INEOS Enterprises for $1.015 billion.

- Type: Acquisition
- Announced: 2019-09-09
- Where: Marl, Germany, Germany
- Value: $1.01B
- Status: completed
- Products: composites, butanediol
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Ashland Global Holdings Inc](https://endata.com/companies/23383.md)
- [INEOS Enterprises](https://endata.com/companies/33510.md) (acquirer)

## Sources

- [adhesivesmag.com](https://www.adhesivesmag.com/articles/topic/2641-mergers-acquisitions?page=36), 2019-10-03: "Ashland Global Holdings Inc. recently announced that it has completed the previously announced sale of its Composites business (excluding the Maleic business) and butanediol manufacturing facility in Marl, Germany, to INEOS Enterprises in a transaction valued at $1.015 billion."

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