PaintSquare.com


The First Word in Protective & Marine Coatings

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

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.

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.


Thermion Inc
Buy Back Program

We are offering $5,000
credit for your old Model
This drive system is
being discontinued by
the manufacturer.
More information at
thermioninc.com
877.884.3428


International Paint LLC

International Paint Engineered Coatings

Learn about our solutions for:
  • Structural Steel
  • Piping & Equipment
  • Storage Tanks
  • Pressure Vessels
  • Secondary Containment


    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.


    SSPC: The Society for Protective Coatings
    http://www.sspc.org/

    Join SSPC and Enhance
    Your Career !


    Sherwin-Williams
    Heat-FLex® Hi-Temp 1200

    Improved Corrosion
    Resistance
    Enhanced Durability
    Faster Shop Throughput

  •  
     
     
    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