Sherwin-Williams Co.
Sherwin-Williams Acquires Suvinil Coatings and Secures New Debt
Summary
On September 25, 2025, The Sherwin-Williams Company borrowed $750 million under a USD DDTL Tranche to fund a portion of its acquisition of Suvinil Coatings S.A. from BASF SE for $1.15 billion, completed on October 1, 2025. This acquisition includes the Suvinil and Glasu! brands and is expected to enhance Sherwin-Williams' presence in the Brazilian architectural paints market.
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About Sherwin-Williams Co.
Sherwin-Williams Co. is a global leader in the production and distribution of paints and coatings. Established in 1866 and headquartered in Cleveland, Ohio, the company serves both professional and retail customers. Sherwin-Williams provides a comprehensive range of products, including interior and exterior paints, protective coatings, and industrial finishes, catering to various sectors such as construction, automotive, and aerospace industries. The company operates through its numerous retail stores, with a significant presence in North America, and extends its reach via third-party retailers and distributors worldwide. Its innovation-driven approach focuses on developing sustainable solutions and high-quality products to meet the diverse needs of its clientele. In the financial market, Sherwin-Williams Co. is recognized for its stability and influence in the materials sector, playing a pivotal role in advancing industry standards and technological advancements in paints and coatings. Its strategic initiatives and robust R&D capabilities underscore its commitment to growth and its impact on global construction and manufacturing applications.
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