The Sherwin-Williams Company to acquire BASF's Brazilian Paint Business (Suvinil) for $1.15B
Acquiring Company
Sherwin Williams
Acquired Company
BASF's Brazilian architectural paints business (Suvinil)
Cleveland
BrazilManufacturingAutomotiveManufacturingBuilding MaterialDescription
The Sherwin-Williams Company has announced its definitive agreement to acquire BASF's Brazilian architectural paints business (Suvinil) for $1.15 billion in an all-cash transaction. This strategic acquisition expands and accelerates Sherwin-Williams' existing profitable growth opportunity in Brazil, adding the highly-recognized Suvinil brand to its portfolio and enhancing its comprehensive product offering with extensive distribution through paint stores and regional home centers.
Quick answer
Sherwin Williams is acquiring BASF's Brazilian architectural paints business (Suvinil) for $1.1 billion, announced February 17, 2025. Sherwin Williams is based in Cleveland, Ohio, United States.
- How much did Sherwin Williams pay for BASF's Brazilian architectural paints business (Suvinil)?
- The reported deal value is $1.1 billion.
- What does Sherwin Williams do?
- Sherwin-Williams is a global leader in paints and coatings.
- Where are Sherwin Williams and BASF's Brazilian architectural paints business (Suvinil) based?
- Sherwin Williams is based in Cleveland, Ohio, United States. BASF's Brazilian architectural paints business (Suvinil) is based in Brazil.
- 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 architectural paints business (Suvinil)?
BASF's Brazilian architectural paints business (Suvinil) was acquired by Sherwin Williams, based in Cleveland. The deal was reported on February 17, 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 architectural paints business (Suvinil)?
Sherwin Williams's acquisition of BASF's Brazilian architectural paints business (Suvinil) was reported on February 17, 2025. The Sherwin-Williams Company has announced its definitive agreement to acquire BASF's Brazilian architectural paints business (Suvinil) for $1.15 billion in an all-cash transaction. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does BASF's Brazilian architectural paints business (Suvinil) do?
BASF's Brazilian architectural paints business, Suvinil, is a leading provider of architectural paints in Brazil and a highly-recognized brand. It is privately held, operating in Manufacturing, and is based in Brazil.
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