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Slide #90. A. Schulman, Inc. — Prime Colorants
A. Schulman, Inc. (SHLM)
A. Schulman, Inc. (Nasdaq-GS: SHLM) announced today that it has purchased Prime Colorants Incorporated, a significant manufacturer of custom colors and additive concentrates in Franklin, Tennessee, for approximately $15.1 million.
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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Hold (2.00 out of 4)
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
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