Announced
Financials
Tags
Single Bidder
Friendly
Pending
Acquisition
Private
industrial wood coatings
Majority
Cross Border
Paints and Coatings
Italy
Synopsis
Sherwin-Williams, a company in the manufacture, development, distribution, and sale of paint, coatings and related products to professional, industrial, commercial, and retail customers, agreed to acquire Industria Chimica Adriatica, an Italian Wood Coatings Company. Financial terms were not disclosed. "This wonderful company brings us innovative waterborne and solvent liquid coatings technology, including an award-winning range of ultra-matt protective coatings and a growing portfolio of BIO water-based coatings products, which are made with recycled raw materials," John G. Morikis, Sherwin-Williams Chairman and CEO.
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