# 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.

- Type: Acquisition
- Announced: 2025-10-01
- Where: Brazil, Brazil
- Status: completed
- Products: architectural paints
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [BASF](https://endata.com/companies/298.md) (target)
- [Sherwin-Williams](https://endata.com/companies/23601.md) (acquirer)

## Sources

- [barchart.com](https://www.barchart.com/press-releases/35171917/sherwin-williams-completes-acquisition-of-basf-s-brazilian-architectural-paints-business), 2025-10-01: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.