The Sherwin-Williams Co. has purchased the European industrial coatings business of Sika AG.
Sika’s European industrial coating business also manufactures and sells fire protection coating services to protect and preserve steel, wood, and concrete building components. The firm’s European industrial coating business manufactures and sells corrosion protection coating services for high-value interior and exterior steel infrastructure. The Sherwin-Williams Co. is a provider in the manufacture, development, distribution, and sale of paint and related products.
“This business brings us unique technology and additional manufacturing and services capabilities in line with our strategy of acquiring complementary, high-quality, differentiated businesses that support our growth and profitability targets,” said Sherwin-Williams chairman and CEO, John Morikis. “The combination of customer focus, talented employees and similar cultures creates exciting prospects for continued growth and success throughout Europe and other regions across the world.”