Specialty Chemicals M&A » By The Online Investor Staff, updated Tue., Apr. 30, 9:16 AM
Recent mergers and acquisitions in the Specialty Chemicals M&A category.
Slide #42. A. Schulman, Inc. — Perrite Group
Acquirer: |
A. Schulman, Inc. (SHLM) |
Acquiree: |
Perrite Group |
Details: |
A. Schulman, Inc. (Nasdaq-GS: SHLM) announced today that it has purchased the Perrite Group, a thermoplastics manufacturing business with operations in Malaysia, the United Kingdom and France, for approximately $52 million. Perrite was part of the Vita Group portfolio of companies. |
A. Schulman is a supplier of plastic formulations, resins, and services and provides solutions to meet its customers' requirements through proprietary and custom-formulated products. Co.'s customers span a range of markets such as packaging, mobility, building and construction, electronics and electrical, agriculture, personal care and hygiene, custom services, and sports, home and leisure. Co. has three product families: Engineered Composites; Custom Concentrates and Services, which consists of Custom Performance Colors, Masterbatch Solutions, and Specialty Powders product groups; and Performance Materials, which consists of Engineered Plastics and Distribution Services product groups.
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April 30, 2024 9:16 AM Eastern
Hold (2.00 out of 4)
100th percentile
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