Industry News

Sherwin-Williams Completes Acquisition of Comex U.S./Canada Business

Sherwin-Williams will pay $90 million in cash and assume liabilities currently valued in the range of $75 million

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By: DAVID SAVASTANO

Editor, Ink World Magazine

The Sherwin-Williams Company has completed the acquisition of the U.S./Canada business of Consorcio Comex, S.A. de C.V. Sherwin-Williams will pay $90 million in cash and assume liabilities currently valued in the range of $75 million. Sherwin-Williams and Comex remain fully committed to securing regulatory approval from the Federal Competition Commission of Mexico for Sherwin-Williams to complete the acquisition of the operations of Comex in Mexico. To that end, the Stock Purchase Agreement ...

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