Sherwin-Williams completes acquisition of BASF's Brazilian architectural paints business

Sherwin-Williams has completed the acquisition of BASF's Brazilian architectural paints business (Suvinil) for a low teens EBITDA multiple. The business had sales of approximately $525 million in 2024 and employs about 1,000 people.

“Suvinil is a business we have admired for decades, and the rare opportunity to add an organization of this quality to Sherwin-Williams aligns directly with our long-term growth strategy.”barchart.com

• 1 source
• barchart.comSherwin-Williams Completes Acquisition of BASF's Brazilian Architectural Paints BusinessPR NewswireOct 1, 2025

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