Sherwin-Williams completes acquisition of SIC Holding

Sherwin-Williams acquired German-based Specialized Industrial Coatings Holding (SIC Holding), including Oskar Nolte GmbH and Klumpp Coatings GmbH, for an undisclosed amount. The business has ~220 employees and annual sales of over €91.5 million.

“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.”icaspa.com

• 3 sources
• icaspa.comSherwin-Williams Completes Acquisition of SIC Holding - ICA GroupOct 5, 2023
• klumpp-coatings.deÜbernahme durch The Sherwin-Williams CompanyOct 13, 2023
• klumpp-coatings.comKlumpp Coatings acquired by The Sherwin-Williams CompanyOct 13, 2023

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