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Consumer Products
Ashland to buy Schülke & Mayr’s personal care business
by Craig Bettenhausen
January 23, 2021
| A version of this story appeared in
Volume 99, Issue 3
The specialty chemical maker Ashland will pay $319 million for the personal care business of the disinfectant and hygiene product maker Schülke & Mayr, which is owned by the investment firm EQT. Ashland expects the all-cash deal to close in June. Schülke & Mayr’s personal care line consists mostly of cosmetics-grade antimicrobial agents that kill bacteria, yeast, and mold. The move is part of Ashland’s expansion of its consumer product business.
Chemical & Engineering News
ISSN 0009-2347
Copyright © 2024 American Chemical Society
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