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Announced

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Sherwin-Williams completed the acquisition of Shingels.

Synopsis

Sherwin-Williams, an American paints and coatings company, completed the acquisition of Shingels, a Spanish developer, manufacturer and seller of paints and coatings. Financial terms were not disclosed. "Shingels has grown sales by a double-digit percentage over the last five years through a clear focus on customer solutions and will add to the momentum of our existing European coil coatings business. We are excited to welcome the talented employees of Shingels to the Sherwin-Williams team, and together continue driving profitable growth in Europe and beyond," Karl Jorgenrud, Sherwin-Williams President.

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