Turnspire Capital Partners to Acquire Ashland Nutraceuticals Business
Ashland Inc. (ASH)
Last ashland inc. earnings: 1/27 05:00 pm
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US:NYSE Investor Relations:
investor.ashland.com/investor-relations
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Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Turnspire Capital Partners LLC (“Turnspire”) announced today that an affiliate has signed a definitive agreement to acquire the nutraceuticals business of Ashland Inc. (NYSE: ASH) (“Ashland Nutraceuticals” or the “Business”).Ashland Nutraceuticals is a leading provider of proprietary nutrition ingredients and custom formulation services that supplies a broad portfolio of both active ingredients and formulation aids to nutritional product companies. The Business also offers custom formulation and contract manufacturing capabilities for the nutrition market, handling everything from formula design and ingredient sourcing to finished product manufacturing. Ashland Nutraceuticals has approximately 500 employees located at four production facilities in New Jersey and Utah in the United States, and Tamaulipas, Mexico.Turnspire Managing Partner Ilya Koffman said, “We are thrilled to acquire this great platform with strong formulation and manufacturing capabilit
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News
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- Ashland (ASH) to Divest Nutraceuticals Business to Turnspire [Yahoo! Finance]Yahoo! Finance
- Ashland Board appoints Ashish K. Kulkarni as new directorGlobeNewswire
- Ashland (ASH) is a Top-Ranked Momentum Stock: Should You Buy? [Yahoo! Finance]Yahoo! Finance
ASH
Earnings
- 4/30/24 - Beat
ASH
Sec Filings
- 5/9/24 - Form 4
- 5/9/24 - Form 8-K
- 5/8/24 - Form 4
- ASH's page on the SEC website