Acquiring Company
Sherwin-Williams
Acquired Company
BASF's Brazilian decorative paints business
Description
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.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed