# 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.

- Type: Acquisition
- Announced: 2025-02-17
- Where: Brazil, Brazil
- Value: $1.15B
- Jobs: 1,000
- Status: announced
- 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

- [prnewswire.com](https://www.prnewswire.com/news-releases/sherwin-williams-to-acquire-basfs-brazilian-architectural-paints-business-for-1-15-billion-in-all-cash-transaction-302377655.html), 2025-02-17: "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."

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