Sherwin-Williams to acquire Oskar Nolte and Klumpp Coatings

Sherwin-Williams agreed to acquire SIC Holding, comprising Oskar Nolte GmbH and Klumpp Coatings GmbH, German wood coatings companies with annual sales of over €91.5 million. The transaction is expected to close by early 2023.

“This acquisition creates opportunities to accelerate our profitable growth in the global industrial wood market and fits our strategy of acquiring complementary, high-quality and differentiated businesses.”prnewswire.com

• 3 sources
• prnewswire.comSherwin-Williams to Acquire German Wood Coatings Companies, Oskar Nolte GmbH and Klumpp Coatings GmbHThe Sherwin-Williams CompanyNov 8, 2022
• ec-ma.comThe Sherwin-Williams Company has acquired Oskar Nolte GmbH and Klumpp Coatings GmbH | EC Mergers & AcquisitionsJason NgNov 9, 2022
• thecpia.comSherwin-Williams Announces Acquisition, Expansion – Commercial Painting Industry Association | CPIAHaley CarnahanDec 6, 2022

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