CINCINNATI, OH (May 27, 2015) – Michelman was recognized by the Association for Corporate Growth (ACG) with a “Deal Maker of the Year” award for its successful growth initiatives over the past two years.
The annual event, held on May 13, 2015 by ACG’s Cincinnati chapter, recognized winners in five different categories for their pursuit of corporate growth via mergers and acquisitions along with efforts that drive continued growth and vitality of the region’s business community. Michelman won in the medium corporate category, with Mr. Steve Shifman, the company’s President and CEO, accepting the award.
According to the ACG, “The ACG Deal Maker program recognizes outstanding individuals and companies with proven track records of leadership, innovation and success through the art of the deal. Each of the winners has, in some way, challenged conventional thinking in order to drive growth in their organization and the business community.”
Notable achievements over the past few years, on which the award was based, include the opening of the Michelman Advanced Materials Collaboration Center at the company’s Cincinnati, Ohio headquarters in October, 2014, the acquisition of Recklinghausen, Germany based Ecronova Polymer GmbH in 2013, a joint venture with Maruyoshi Chemical Co., Ltd in Japan in 2013, and the acquisition of Supack International P/L in India earlier this year.
Michelman is a global developer and manufacturer of environmentally friendly advanced materials for industry, offering solutions for the coatings, printing & packaging and industrial manufacturing markets. The company’s surface modifiers, additives and polymers are used by leading manufacturers around the world to enhance performance attributes and add value in applications including wood and floor care products, metal and industrial coatings, paints, varnishes, inks, fibers and composites. Michelman is also well-known as an innovator in the development of barrier and functional coatings, as well as digital printing press primers that are used in the production of consumer and industrial packaging and paper products, labels, and commercially printed materials. Michelman serves its customers with production facilities in North America, Europe and Asia, product development and technical service centers in several major global markets, and a worldwide team of highly trained business development personnel.
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