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Dow completed the acquisition of the Telone soil fumigation product line from TriCal for $121m.

Synopsis

Dow, a chemical producer, completed the acquisition of the Telone soil fumigation product line from TriCal, a distributor and applicator of soil fumigation products, for $121m. "We are pleased to announce the successful completion of this divestiture, a move that aligns with Dow's strategy to focus on its core, downstream markets. The Telone product line will benefit from focused investments to capitalize on growth in the agricultural market segments it serves," Marco ten Bruggencate, Dow President of Industrial Intermediates & Infrastructure operating segment.

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