Acquiring Company
Sherwin Williams
Acquired Company
BASF's Brazilian decorative paints business
Cleveland
Ludwigshafen Am RheinManufacturingAutomotiveManufacturingMiningPrecious MetalsMineralDescription
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.
Quick answer
Sherwin Williams is acquiring BASF's Brazilian decorative paints business, announced April 22, 2025. Sherwin Williams is based in Cleveland, Ohio, United States.
- How much did Sherwin Williams pay for BASF's Brazilian decorative paints business?
- The deal value was not disclosed.
- What does Sherwin Williams do?
- Sherwin-Williams is a global leader in paints and coatings.
- Where are Sherwin Williams and BASF's Brazilian decorative paints business based?
- Sherwin Williams is based in Cleveland, Ohio, United States. BASF's Brazilian decorative paints business is based in Ludwigshafen Am Rhein, Rhineland Palatinate, Germany.
- Who are the decision-makers at Sherwin Williams?
- Fundz holds 2 contacts at Sherwin Williams. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired BASF's Brazilian decorative paints business?
BASF's Brazilian decorative paints business was acquired by Sherwin Williams, based in Cleveland. The deal was reported on April 22, 2025. Sherwin-Williams is a global leader in paints and coatings. It offers innovative solutions that cater to various industries including automotive and consumer brands. Sherwin Williams is publicly traded (SHW) and operates in Manufacturing.
When did Sherwin Williams acquire BASF's Brazilian decorative paints business?
Sherwin Williams's acquisition of BASF's Brazilian decorative paints business was reported on April 22, 2025. Sherwin Williams has agreed to acquire BASF's Brazilian decorative paints business, Suvinil, for approximately EUR 1.07 billion. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does BASF's Brazilian decorative paints business do?
BASF is one of the world's largest chemical producers headquartered in Ludwigshafen, Germany. The company operates in various sectors including coatings, agriculture, and performance products. It is privately held, operating in Manufacturing, and is based in Ludwigshafen Am Rhein.
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