Sherwin-Williams Signs Agreement to Acquire Sayerlack Wood Coatings

The Sherwin-Williams Company has signed a definitive agreement to acquire the Industrial Wood Coatings business of Arch Chemicals, Inc., known as Sayerlack. Headquartered in Pianoro, Italy, Sayerlack is a leading coatings producer in the joinery, furniture, and cabinets markets. It produces polyurethane, water-based, and UV coatings. Sayerlack operates several manufacturing sites across Western Europe along with a comprehensive network of sales, technical, and distributor representatives serving clients in Asia and the U.S. "The acquisition of Sayerlack is a logical step in our efforts to strengthen our growing global platform to better serve our product finishes customers around the world with outstanding R&D, products, and people," says George E. Heath, president of Sherwin-Williams Global Finishes Group.

Date Posted: March 2, 2010