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Sherwin Williams to acquire BASF's Suvinil business

Sherwin Williams to acquire BASF's Suvinil business

04/22/25, 4:03 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/DE.svgludwigshafen am rhein
Industry
manufacturing
Sherwin Williams has agreed to acquire BASF's Brazilian decorative paints business, Suvinil, for approximately EUR 1.07 billion. The transaction includes production sites and contracts associated with the brand and is set to be completed in the second half of 2025. This acquisition aligns with Sherwin Williams' growth strategy in Brazil and aims to enhance its market presence. Suvinil will become part of Sherwin-Williams Consumer Brands Group upon completion.

Company Info

Company
Sherwin Williams
Company info
Sherwin-Williams is a global leader in paints and coatings. It offers innovative solutions that cater to various industries including automotive and consumer brands. The company operates with a commitment to sustainability and delivering quality products. With a strong presence in North America, it is expanding its influence in international markets.