Sherwin-Williams to acquire Gross & Perthun.

Sherwin-Williams, a manufacturer, developmer, distributor, of paint, coatings, agreed to acquire Gross & Perthun, a German industrial coatings company. Financial terms were not disclosed. "This high-quality business brings us innovative waterborne and solvent liquid coatings technology, leading specification and approval positions, strong relationships with multi-national and local customers, strategically located manufacturing, and an outstanding commercial and technical team focused on delivering innovative and value-added solutions. The combination of our businesses provides multiple opportunities to accelerate profitable growth throughout Europe and beyond. We look forward to welcoming the talented employees of this excellent business to the Sherwin-Williams family upon the close of the transaction," John G. Morikis, Sherwin-Williams Chairman and Chief Executive Officer.