Markets :: Specialty Chemicals :: Paints and Coatings
Sherwin-Williams Completes Purchase of Swedish Industrial Wood Coatings Producer
5:37 AM MDT | September 2, 2010 | Kerri Walsh
Sherwin-Williams (SW) has completed its previously announced acquisition of Becker Acroma (Stockholm) from Wilh. Becker (Stockholm) for SK1.7 billion ($227 million). Becker Acroma manufactures industrial wood coatings globally and is a technology leader in water, UV, and other wood coatings, SW says. Becker Acroma operates across 21 countries, and reported sales of SK2.1 billion in 2009. Becker Acroma will become part of SW's global finishes group. SW has announced several acquisitions within that group during the past year, including its purchase of...
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