PaintSquare.com


The First Word in Protective & Marine Coatings

A Product of Technology Publishing / PaintSquare
JPCL | PaintSquare News | Durability + Design | Paint BidTracker

Register Now for D+D 2014

Paint and Coatings Industry News

Main News Page


Sherwin-Williams Completes Becker Acroma Deal

Friday, September 3, 2010

Comment | More

The Sherwin-Williams Company has completed its fifth acquisition in just over two years, closing a $227 million agreement to purchase Becker Industrial Products AB.

The Stockholm-based company, founded in Sweden in 1874, has nine production sites, 13 technical centers and sales offices in more than 40 countries worldwide.

Becker Acroma will be part of Sherwin-Williams’ rapidly growing Global Finishes Group, which supplies liquid and powder product finishes for the world OEM market through 15 manufacturing and 79 facility locations across the U.S., Canada, Mexico, Europe and China. Sales in 2009 were approximately $300 million.

"We are excited to join the Sherwin-Williams family and to contribute to the company’s success across the globe,” said Becker Acroma CEO Kaj Brandt. “We have respected Sherwin-Williams for years and are delighted to now be a partner.”

George E. Heath, president of the Global Finishes Group, called the acquisition of Becker Acroma “another important step in our efforts to strengthen our growing global platform to better serve our customers around the world with outstanding assets, technology and people.”

Sherwin-Williams has also made these recent acquisitions:

• March 31, 2010: Sayerlack Industrial Wood Coatings (Italy)

• Feb. 2, 2009: Altax (Protective Coatings - Poland)

• Dec. 12, 2008: Euronavy (Protective Coatings - Portugal)

• July 31, 2008: Inchem Holdings International Ltd. (Industrial Coatings - Singapore)

   

Tagged categories: Acquisitions; Becker Acroma; Euronavy; Mergers; Protective coatings; Sayerlack; Sherwin-Williams

Comment from Jeremy Brown, (9/7/2010, 7:23 PM)

Seems we get a price increase everytime they buy companies!


Comment from Pham Huong Lan, (9/7/2010, 10:25 PM)

Sherwin-Williams is very big company that I known many year ago in Vietnam. I dint know if they want to launch in Vietnam market?


Comment Join the Conversation:

Sign in to our community to add your comments.

ITW Binks
Built for Tough Jobs

From Epoxies to Urethanes to other high solid coatings, the new Binks Airless 75 delivers a great finish using an ergonomic design. Visit binks.com for more information.


Wasser High-Tech Coatings Inc.
Wasser Coatings Protect

some of the most important bridges in the country; learn about our NEPCOAT-approved system and our entire range of MCU & Polyurea coatings. 1-800-627-2968 www.wassercoatings.com


Hempel (USA) Inc.
HEMPEL PROTECTIVE COATINGS

Efficient systems and high quality products to reduce your maintenance costs. Visit Hempel Protective for more information.


International Paint LLC
A Long Track Record of Success

  • Polyurethanes
  • Linings
  • Epoxies
  • Zincs
The Power to Protect™
1-800-589-1267


Sherwin-Williams

Sherwin-Williams
Our 3,500 locations give you a level of service that is simply unmatched.


Absolute Equipment/Grand Rental Station
Portable Power from Absolute Equipment

•Compressors
•Lighting Systems
•Generators
•Light Compaction
Sales • Rental • Service
Call 1-866-931-6655
Over a century of
providing excellence.


JPCL Europe
In the NEW issue:

Offshore wind turbine protection, avoiding adhesion failures, new inspector course on subsea insulation, and much more! jpcleurope.com

 
 
 
Technology Publishing

The Technology Publishing Network

The Journal of Protective Coatings & Linings (JPCL) PaintSquare
Durability + Design Paint BidTracker JPCL Europe

 
EXPLORE:      JPCL   |   PaintSquare News   |   Interact   |   Buying Guides   |   Webinars   |   Resources   |   Classifieds
REGISTER AND SUBSCRIBE:      Free PaintSquare Registration   |   Subscribe to JPCL   |   Subscribe to PaintSquare News
MORE:      About PaintSquare.com   |   Privacy policy   |   Terms & conditions   |   Site Map   |   Search   |   Contact Us
 

© Copyright 2000-2014, Technology Publishing / PaintSquare, All rights reserved
2100 Wharton Street, Suite 310, Pittsburgh PA 15203-1951; Tel 1-412-431-8300; Fax 1-412-431-5428; E-mail webmaster@paintsquare.com