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Sherwin-Williams to Acquire BASF's Brazilian Architectural Paints Business for $1.15 Billion in All-Cash Transaction [Yahoo! Finance]

Sherwin-Williams Company (The) (SHW) 
Last sherwin-williams company (the) earnings: 4/29 07:00 am Check Earnings Report
US:NYSE Investor Relations: investors.sherwin-williams.com
Company Research Source: Yahoo! Finance
Mon, February 17, 2025 at 2:00 PM GMT+1 8 min read In This Article SHW Adds a leading producer of architectural paints in Brazil and the highly-recognized Suvinil brand to Sherwin-Williams portfolio Expands and accelerates existing profitable growth opportunity in Brazil with comprehensive product offering and extensive distribution through paint stores and regional home centers Annual sales of approximately $525 million ; significant growth and operational synergy opportunities Sherwin-Williams resulting net-debt to EBITDA ratio following financing to remain in targeted range of 2.0 to 2.5 times Expected to close in the second half of 2025 subject to customary closing conditions, including Brazilian regulatory approval CLEVELAND Feb. 17, 2025 /PRNewswire/ -- The Sherwin-Williams Company (NYSE: SHW) today announced it has entered into a definitive agreement with BASF Group (ISIN: DE000BASF111) to acquire BASF's Brazilian architectural paints business ("Suvinil Show less Read more
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