Sherwin-Williams to acquire BASF’s Brazilian architectural paints business for $1.15 billion

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The Sherwin-Williams Company has entered into a definitive agreement to acquire BASF Group’s Brazilian architectural paints business, Suvinil, for $1.15 billion in an all-cash transaction. The deal represents a significant expansion of Sherwin-Williams’ presence in Latin America. Suvinil is a major provider of architectural paints in Brazil, generating approximately $525 million in sales for the…

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