Ashland Sells Distribution Business
COVINGTON, KY – Ashland Inc. has closed the sale of its global distribution business, known as Ashland Distribution, to Nexeo Solutions LLC, an affiliate of TPG Capital.
With the divestiture, approximately 42 percent of Ashland’s sales are now derived from outside North America, with nearly 20 percent originating in the Latin America and Asia-Pacific regions.
With the divestiture, approximately 42 percent of Ashland’s sales are now derived from outside North America, with nearly 20 percent originating in the Latin America and Asia-Pacific regions.
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