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DAG1996
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I’m a private investor who manages my own four portfolios, and a half dozen more for family members. My focus is long term, but I also trade some short-term opportunities. I'm fortunate to have worked for a NYSE-traded financial firm for the decade til 2010, but I'm not an adviser and my... More
  • Aceto Corporation: Company Overview 1 comment
    Aug 14, 2014 7:36 AM | about stocks: ACET

    Below are details about the company history and structure to serve as a supplement to my articles about the company. Listed in descending chronological order, my articles about ACET are here, here and here.

    Company Overview

    Founded in 1947, Aceto Corporation functions as a virtual manufacturing company, selling and distributing more than 1,100 chemical compounds used principally as raw materials or finished products.

    With business operations in nine countries, Aceto's global reach is distinctive in the industry, enabling the company to source and supply products on a worldwide basis. Leveraging local professionals, Aceto sources more than two-thirds of its products from Asia, buying from approximately 500 companies in China and 200 in India.

    Aceto is leader in the marketing, sale and distribution of products for Human Health (finished-dose generic drugs, vitamins, amino acids, dietary supplements, chemical compounds and nutraceutical products); Pharmaceutical Ingredients (active pharmaceutical ingredients [APIs] and pharmaceutical intermediates); and Performance Chemicals (specialty chemicals to make plastics, fuels, lubricants, colorants, textiles, surface coatings and electronic parts, as well as agricultural protection products).

    Aceto has three reporting segments congruent with its product lines and each has two subunits: the Human Health segment includes Nutritionals and Finished Dosage Form Generics units; the Pharmaceutical Ingredients segment has Active Pharmaceutical Ingredients [APIs] and Pharmaceutical Intermediates units; and the Performance Chemicals segment consists of the Specialty Chemicals and Agricultural Protection Products units.

    For more about Aceto Corporation, see the corporate website.

    Disclosure: The author is long ACET.

    Additional disclosure: I am long ACET, and may buy or sell shares at any time, though I currently have no immediate plans to buy or sell.

    Themes: chemical, pharmaceutical, biotech Stocks: ACET
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    Author’s reply » My latest article on ACET is here: http://seekingalpha.co...
    18 Dec, 11:50 AM Reply Like
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