Announced

Mane to acquire Avoca business from Ashland.

Synopsis

Mane, a global group, operating 29 production facilities worldwide, agreed to acquire Avoca business from Ashland, a specialty materials company with a conscious and proactive mindset for sustainability. Financial terms were not disclosed. “The Avoca business is a strong player in the fragrance fixative space with a dedicated team and attractive manufacturing capabilities to meet customer needs. I want to thank the Avoca employees for their dedication and commitment to Ashland and to our customers," said Guillermo Novo, Ashland chair and chief executive officer.

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