Ashland Sells Drew Marine to JF Lehman

22 June 2009 (Last Updated June 22nd, 2009 18:30)

Ashland has sold its global marine services division, Drew Marine, to JF Lehman for $120m. Drew Marine provides technical solutions, products and services to the global marine industry. The division has 325 employees, 28 offices, 98 stocking locations in 47 countries and re

Ashland has sold its global marine services division, Drew Marine, to JF Lehman for $120m.

Drew Marine provides technical solutions, products and services to the global marine industry.

The division has 325 employees, 28 offices, 98 stocking locations in 47 countries and revenues of approximately $140m a year.