Specialty Chemicals M&A » By The Online Investor Staff, updated Tue., Apr. 30, 6:02 AM
Recent mergers and acquisitions in the Specialty Chemicals M&A category.
Slide #55. A. Schulman — Network Polymers
Acquirer: |
A. Schulman (SHLM) |
Acquiree: |
Network Polymers |
Details: |
A. Schulman, Inc. (Nasdaq-GS: SHLM) announced today that it has reached an agreement in principle to purchase Network Polymers, Inc., a U.S. niche engineered plastics compounding and distribution business, for approximately $50 million, subject to completion of due diligence. The transaction is anticipated to close within the next few months. |
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.
Open the SHLM Page at The Online Investor »
Open the SHLM Page at The Online Investor (in a new window) »
|
April 30, 2024 6:02 AM Eastern
Hold (2.00 out of 4)
100th percentile
|
|