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Ashland Sells Avoca Business to Mane

Summary by MyChesCo
WILMINGTON, DE — Ashland Inc. (NYSE: ASH) has finalized the sale of its Avoca business to Mane, effective March 14, 2025. While the financial terms of the deal remain undisclosed, the transaction represents a strategic shift for both companies. The Avoca business specializes in the supply of sclareolide, a fragrance fixative, and provides contract manufacturing services from its facilities in North Carolina and Wisconsin. This move marks the div…
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MyChesCo broke the news in on Wednesday, March 19, 2025.
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