Sherwin-Williams to Acquire BASF's Brazilian Architectural Paints Business for $1.15 Billion in All-Cash Transaction
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Sherwin-Williams is set to acquire BASF's Brazilian architectural paints business, including the Suvinil brand, for $1.15 billion. This acquisition is expected to enhance Sherwin-Williams' growth in Brazil, with the deal closing in the second half of 2025, pending regulatory approval.
February 17, 2025 | 1:15 pm
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Sherwin-Williams is acquiring BASF's Brazilian architectural paints business for $1.15 billion, enhancing its growth in Brazil. The acquisition is expected to close in the second half of 2025, subject to regulatory approval.
The acquisition of BASF's Brazilian paints business by Sherwin-Williams is a strategic move to expand its market presence in Brazil. The deal is valued at $1.15 billion and is expected to close in the second half of 2025, pending regulatory approval. This acquisition is likely to positively impact Sherwin-Williams' stock price in the short term due to the anticipated growth and synergy opportunities.
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