Sherwin-Williams

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AkzoNobel Takes Sherwin-Williams China Paints Business

AkzoNobel has agreed to buy Sherwin-Williams’ Chinese decorative paints business for an undisclosed sum. The transaction is expected to close in the second half of this year. The business has annual revenues of about €100 million and employs about 300 people.

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Hempel Buys Wattyl from Sherwin-Williams

Danish coatings manufacturer Hempel has agreed to buy Wattyl, an Australian and New Zealand producer of architectural and protective paints and coatings, from owner Sherwin-Williams. Financial terms of the transaction, which is expected to close by the end of March, were not disclosed.

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