Dow (NYSE: DOW) announced the completion of the sale of Telone, a soil fumigation product to TriCal Soil Solutions, Inc., a leading distributor and applicator of soil fumigation products. This transaction is consistent with Dow’s best-owner mindset strategy of focusing on its core operations.
Dow has finalised the sale of its Telone soil fumigation product to TriCal Soil Solutions, a leading distributor and applicator in the field.
The move aligns with Dow’s best-owner mindset and strategic focus on core downstream operations.
The divestiture allows Telone to benefit from focused investments to drive growth in the agricultural market it serves.
“We are pleased to announce the successful completion of this divestiture, a move that aligns with Dow’s strategy to focus on its core, downstream markets,” said Marco ten Bruggencate, president of Dow’s Industrial Intermediates & Infrastructure operating segment. “The Telone product line will benefit from focused investments to capitalize on growth in the agricultural market segments it serves.”
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