Sherwin-Williams to Buy BASF's Suvinil in an All-Cash Transaction
The Sherwin-Williams Company SHW entered into a definitive agreement with BASF Group to acquire the latter’s Brazilian architectural paints business (‘Suvinil”) for $1.15 billion in an all-cash transaction.
BASF Sells Brazil's Decorative Paints Business to Sherwin-Williams for $1.15 Bln -- Update
BASF said it agreed to sell its Brazilian decorative paints business to Sherwin-Williams for $1.15 billion. The German chemical giant on Monday said the transaction is structured as a share deal, and includes production sites, related contracts, and the Suvinil and Glasu! brands.
BASF Seals $1.15 Billion Brazil Deal With Sherwin-Williams
BASF SE will sell its Brazilian paints unit to Sherwin-Williams Company for $1.15 billion, as part of the German company’s wider strategy to focus on its main chemicals, industrial and nutrition divisions.
Sherwin-Williams to buy BASF Brazilian architectural paints business for $1.15B
Sherwin-Williams (SHW) announced it has entered into a definitive agreement with BASF Group (BASFY) to acquire BASF’s Brazilian architectural
BASF to Sell Brazilian Decorative Paints Business to Sherwin-Williams
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