Ashland to Acquire Composites Manufacturing Facility in France from Reichhold

April 10 2017

Ashland Global Holdings Inc. has made a binding offer to acquire a composites resin manufacturing facility in Etain, France, from Reichhold Holdings International B.V. The transaction, which is subject to customary regulatory approvals, is expected to be completed by the end of June.

The Etain facility, which employs approximately 50 people, manufactures unsaturated polyester resins (UPR) used in a variety of end markets, including transportation and construction.

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