A. Schulman to acquire Delta Plast Group
"This acquisition will move our European capabilities another step forward by substantially expanding our offerings of color masterbatches," said Terry L. Haines, chairman, president and chief executive officer of A. Schulman. "It also will enhance our ability to provide our customers a unique mixture of both large-volume and highly specialized small-volume masterbatches with superior quality and service."
The acquisition is expected to be minimally accretive to A. Schulman's earnings during its fiscal year ending August 31, 2007. The transaction is subject to regulatory approval and other customary closing conditions, and is expected to be completed by June 30, 2007.
Most read news
Other news from the department business & finance
Get the chemical industry in your inbox
From now on, don't miss a thing: Our newsletter for the chemical industry, analytics, lab technology and process engineering brings you up to date every Tuesday and Thursday. The latest industry news, product highlights and innovations - compact and easy to understand in your inbox. Researched by us so you don't have to.