Ashland completes sale of Avoca business to Mane
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Ashland Inc. has completed the sale of its Avoca business to Mane, effective March 14, 2025. The financial terms of the transaction were not disclosed.
March 17, 2025 | 11:15 am
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Ashland Inc. has completed the sale of its Avoca business to Mane. This divestiture could streamline Ashland's operations and potentially improve its financial position, though the financial terms were not disclosed.
The sale of the Avoca business is a strategic move for Ashland, potentially allowing the company to focus on core operations and improve financial health. The lack of disclosed financial terms adds some uncertainty, but the completion of the sale is generally positive.
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