# Dow to sell its 50% stake in DowAksa joint venture to Aksa Akrilik for $125 million

Dow signed an agreement to sell its 50% interest in DowAksa Advanced Composites Holdings BV to joint venture partner Aksa Akrilik Kimya Sanayii A.Ş. for $125 million. The sale is expected to close in Q3 2025.

- Type: Acquisition
- Announced: 2025-06-02
- Where: Netherlands
- Value: $125.0M
- Status: announced
- Products: advanced composites
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Dow Chemical](https://endata.com/companies/2284.md) (target)
- [Dow](https://endata.com/companies/2996.md) (partner)
- [Dow](https://endata.com/companies/2996.md) (target)
- [Aksa Akrilik Kimya Sanayii](https://endata.com/companies/73171.md) (acquirer)
- [DowAksa Advanced Composites Holdings](https://endata.com/companies/85107.md) (target)

## Sources

- [corporate.dow.com](https://corporate.dow.com/en-us/news/press-releases/dow-announces-agreement-to-sell-its-50--ownership-in-dowaksa-joi.html), 2025-06-02: "Dow's decision to exit the joint venture, which was formed in 2012, is consistent with Dow's best-owner mindset strategy of focusing on its core, high-value downstream businesses."
- [prnewswire.com](https://www.prnewswire.com/news-releases/dow-announces-agreement-to-sell-its-50-ownership-in-dowaksa-joint-venture-302470603.html), 2025-06-02: "Dow's decision to exit the joint venture, which was formed in 2012, is consistent with Dow's best-owner mindset strategy of focusing on its core, high-value downstream businesses."
- [addleshawgoddard.com](https://www.addleshawgoddard.com/en/news/2025/ag-advises-aksa-akrilik-$125-million-acquisition-dows-stake-dowaksa-joint-venture/), 2025-06-04: "This acquisition marks a significant milestone for Aksa as it strengthens its position as a global leader in carbon-based advanced materials."

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