Industry News, Mergers and Acquisitions, Suppliers News

Troy Acquires Industrial Biocides Business from Ashland

Ashland’s industrial biocides business was formerly owned by ISP, Inc.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Troy Corporation announced that it has signed a definitive agreement to acquire the industrial biocides business from Ashland Inc. The transaction is expected to close within 60 days, contingent on standard closing conditions and completion of required employee information and consultation processes. Financial terms were not disclosed.   Ashland Specialty Ingredients’ industrial biocides business was formerly owned and operated by ISP, Inc., and includes the Fungitrol brand of dry-film preserv...

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