Sherwin-Williams to acquire BASF's Brazilian architectural paints business for $1.15 billion

Sherwin-Williams has entered a definitive agreement to acquire BASF's Brazilian architectural paints business (Suvinil) for $1.15 billion in an all-cash transaction. The business had sales of approximately $525 million in 2024 and employs about 1,000 people.

“The Sherwin-Williams Company today announced it has entered into a definitive agreement with BASF Group to acquire BASF's Brazilian architectural paints business for $1.15 billion in an all-cash transaction.”prnewswire.com

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• prnewswire.comSherwin-Williams to Acquire BASF's Brazilian Architectural Paints Business for $1.15 Billion in All-Cash TransactionThe Sherwin-Williams CompanyFeb 17, 2025

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