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- EQT Private Equity portfolio company schülke sells its Personal Care Business, a leading developer and supplier of preservatives and multifunctional skin care additives, to the Ashland group
- With the divestment, schülke completes its strategic repositioning to an infection prevention solutions provider fully focused on the healthcare industry, ready to accelerate growth
- schülke is playing an instrumental role in combating the COVID-19 pandemic by ensuring the best possible support and supply of disinfectants to its customers
STOCKHOLM, Jan. 19, 2021 /PRNewswire/ EQT is pleased to announce that EQT Private Equity portfolio company Schülke & Mayr GmbH ( schülke or the Company ), has entered into a definitive agreement with ISP Marl Holdings GmbH and Ashland Industries Europe GmbH (collectively, Ashland ), subsidiaries of Ashland Global Holdings Inc., a US-based specialty materials company, under which Ashland will acquire the Personal Care Business from schülke