Ascent industries co. announces sale of bristol metals, llc for $45 million

Schaumburg, ill.--(business wire)--ascent industries co. (nasdaq: acnt) (“ascent” or the “company”), an industrials company focused on the production and distribution of specialty chemicals and industrial tubular products, has announced it has reached a definitive agreement to sell substantially all of the assets of bristol metals, llc (“brismet”) to ta chen international, inc. (ta chen), a manufacturer and distributor of stainless and aluminum coils, sheets, plates, long products, tubes and pv.
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