Sherwin-Williams completed the acquisition of the Brazilian architectural paints business from BASF for $1.15bn.

Sherwin-Williams, a global company in the development, manufacture and sale of coatings and related products, completed the acquisition of the Brazilian architectural paints business from BASF, a chemical producer, for $1.15bn. aligns directly with our long-term growth strategy. Suvinil is highly complementary to our existing presence in Latin America, where we have operated for more than 80 years, and immediately accelerates our ability to provide industry-leading solutions for our customers and opportunities for our employees. We are excited to add Suvinil's outstanding talent, brands, technology, distribution, manufacturing and customers to the Sherwin-Williams portfolio," Heidi G. Petz, Sherwin-Williams Chair, President and CEO.