Volume 95 Issue 17 | p. 10 | News of The Week
Issue Date: April 24, 2017 | Web Date: April 19, 2017

Ashland to buy Pharmachem for $660 million

Deal will add specialized supplement and fragrance ingredients to Ashland’s food and personal care businesses
Department: Business
Keywords: consumer products, mergers & acquisitions, food and beverages, flavors and fragrances

Ashland has agreed to acquire New Jersey-based Pharmachem Laboratories, a manufacturer of supplements and specialty ingredients for the wellness and personal care industries, for $660 million in cash.

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