A. Schulman Receives 2011 Deal Maker Award From the Cleveland Chapter of the Association for Corporate Growth
AKRON, Ohio, Jan. 28, 2011 /PRNewswire/ -- A. Schulman, Inc. (Nasdaq: SHLM) announced today that it received a 2011 Deal Maker Award from the Association for Corporate Growth ("ACG") Cleveland chapter. The Deal Maker Awards are presented annually by ACG Cleveland to recognize significant achievements of local companies, entrepreneurs and financiers who participate in merger and acquisition activity. According to ACG, award winners are "Deal Makers" who have been inspirational, visionary, creative, tenacious and persistent in their efforts to complete acquisitions, joint ventures, strategic alliances and financing transactions.
A. Schulman is one of three corporate recipients of the 2011 award, and was recognized for its completion of three strategic acquisitions – ICO, Inc., McCann Color, Inc., and Brazil-based Mash Compostos Plasticos – in 2010.
"We appreciate this recognition for our successful acquisition activities over the past year," said Joseph M. Gingo, Chairman, President and Chief Executive Officer of A. Schulman. "Our financial strength has put us in the position to be more aggressive in pursuing acquisitions which, in turn, are helping to strengthen and grow our global business."
For the past 11 years, more than 50 companies and individuals have been recognized with the Deal Maker Awards. Past honorees have included Eaton Corporation, Parker Hannifin, STERIS, and other well-known Ohio companies.
About A. Schulman, Inc.
Headquartered in Akron, Ohio, A. Schulman is a leading international supplier of high-performance plastic compounds and resins. These materials are used in a variety of consumer, industrial, automotive and packaging applications. The Company employs about 2,900 people and has 34 manufacturing facilities in North America, South America, Europe and Asia. A. Schulman reported net sales of $1.6 billion for the fiscal year ended August 31, 2010. Additional information about A. Schulman can be found at www.aschulman.com.
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SOURCE A. Schulman, Inc.
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