Ashland Inc. completes sale of Drew Marine to J.F. Lehman & Co.
Ashland and J.F. Lehman & Co. expect to produce a smooth transition with no disruption in customer service or supply.
Summarizing the sale, James J. O’Brien, Ashland chairman and chief executive officer, noted, “This transaction furthers our strategy to strengthen our core specialty chemical businesses while reducing our investment in non-core or non-strategic businesses.”
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