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The Wall Street Journal: A. Schulman to buy Citadel Plastics for $800 million

2015-03-16 13:57:53| Chemicals - Topix.net

Plastics manufacturer A. Schulman Inc. has agreed to buy Citadel Plastics for $800 million, a move to expand its product portfolio into specialty plastics and gain access to new industries. Chicago-based Citadel, a portfolio company of private-equity firms HGGC and Charlesbank Capital Partners, engineers specialty thermoset composites, which are used in industries including transportation, electrical and health care.

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