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Sherwin-Williams to Acquire Becker Acroma Industrial Wood Coatings
The Sherwin-Williams Company has signed a definitive agreement to acquire Becker Acroma Industrial Wood Coatings, a subsidiary of AB Wilh. Becker based in Sweden. The transaction, subject to certain regulatory approvals, is expected to close in the third quarter.
Becker Acroma wood coatings serve the joinery, kitchen cabinet, furniture, and flooring markets directly and through distributors.
Becker Acroma has more than 900 employees and annual sales of approximately US$300 million. The Company has an outstanding reputation for innovative technology and quality products.
Becker Acroma currently operates nine manufacturing facilities, 19 mixing sites and 13 technical centers around the world.
Becker Acroma joins Sherwin-Williams' Global Finishes Group following the acquisitions of Sayerlack (2010), Inchem (2008) and Becker Powder Coatings U.S. (2008)
Date Posted: June 4, 2010
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