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Dow Chemical Co and MBP Investors Agree To New Ownership For Dow Kokam


Friday, 22 Nov 2013 04:00pm EST 

Dow Chemical Company and MBP Investors, LLC (MBP), an affiliate of Townsend Ventures (Townsend), announced that the acquisition of Dow's ownership interest in Dow Kokam LLC (Dow Kokam) by MBP. The transaction makes MBP the majority owner of Dow Kokam, which includes the Midland Battery Park in Michigan and the Lee's Summit facility in Missouri. The remaining interests in Dow Kokam are held by TK Advanced Battery LLC (a Townsend affiliate), KA Founders LLC, and Groupe Industriel Marcel Dassault. In addition to Dow Kokam, Townsend Ventures also has investments in other related businesses, including Energy Power Systems and AllCell Technologies. 

Company Quote

47.61
-0.6 -1.24%
22 Oct 2014