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A. Schulman acquires Perrite Group in $52-million deal

6:19 AM MDT | September 6, 2013

A. Schulman has purchased the Perrite Group (Warrington, UK), a thermoplastics manufacturing business with operations in Malaysia, the United Kingdom, and France, for approximately $52 million. Perrite was part of the Vita Group (London) portfolio of companies. Schulman anticipates a 35% increase in its Asia/Pacific revenue, with the company’s engineered plastics business in the region expected to double in size as a result of the deal. Perrite says it manufactures and distributes thermoplastic compounds for the electrical, automotive, and industrial markets...

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