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Business Acquisitions
6 Months Ended
Feb. 28, 2014
BUSINESS ACQUISITIONS [Abstract]  
Business Combination Disclosure [Text Block]
BUSINESS ACQUISITIONS
The following table summarizes the Company's business acquisitions for the periods presented:
Transaction Description
Date of Transaction
 
Purchase
Consideration
(In millions)
 
Segment
ECM Plastics, Inc.
September 4, 2012
 
$36.8
 
Americas
A Massachusetts producer of custom color, specialty additive masterbatch and niche engineered plastics products
 
 
 
 
 
Perrite Group
September 2, 2013
 
$51.3
 
EMEA and APAC
A thermoplastics manufacturer with business in niche engineered plastics and custom color with operations in Malaysia, the United Kingdom and France
 
 
 
 
 
Network Polymers, Inc.
December 2, 2013
 
$49.2
 
Americas
An Ohio niche engineered plastics compounding business that is a leading single source provider of thermoplastic resins and alloys
 
 
 
 
 
Prime Colorants
December 31, 2013
 
$15.1
 
Americas
A Tennessee manufacturer of custom color and additive concentrates
 
 
 
 
 

The Company incurred $1.8 million and $2.5 million of acquisition related transaction costs, primarily included in selling, general & administrative expenses, during the three and six months ended February 28, 2014, respectively and $0.7 million and $1.0 million during three and six months ended February 28, 2013, respectively.