Sherwin-Williams Acquires German Wood Coatings Business (Oskar Nolte & Klumpp Coatings)

Henkel to Acquire Stahl Group for €2.1 Billion

February 5, 2026

Manufacturing

Henkel has agreed to acquire Stahl Group, a Dutch specialty coatings company, for €2.1 billion. The deal is intended to expand Henkel Adhesive Technologies into the adjacent specialty coatings category and leverage Stahl’s R&D and customization capabilities. The transaction is subject to regulatory approvals and other customary closing conditions.

Sherwin-Williams Acquires BASF’s Suvinil Brazilian Architectural Paints Business for $1.15 Billion

October 1, 2025

Manufacturing

The Sherwin-Williams Company entered into a definitive agreement to acquire BASF’s Brazilian architectural paints business, including the Suvinil and Glasu! brands, for $1.15 billion in an all-cash deal. Sherwin-Williams completed the acquisition in 2025 after receiving customary regulatory approvals.

Saint-Gobain Acquires Business Assets of International Cellulose Corporation

February 2, 2024

Building Products

Saint-Gobain has acquired the business assets of International Cellulose Corporation (ICC), a Houston-based manufacturer of spray-applied, plant-fiber insulation and acoustical finishing systems. The assets — including Ecosorb International — will join CertainTeed's Commercial Building and Infrastructure business in North America, strengthening Saint-Gobain's sustainable insulation and fireproofing portfolio; ICC operates a manufacturing site in Houston with approximately 50 employees.

Sherwin-Williams Acquires Gross & Perthun GmbH

June 9, 2022

Manufacturing

The Sherwin-Williams Company announced an agreement to acquire Gross & Perthun GmbH, a Mannheim, Germany–based developer, manufacturer and distributor of industrial coatings primarily serving the heavy equipment and transportation industries. Gross & Perthun has about 100 employees and roughly $50 million in annual sales; the business will become part of Sherwin-Williams' Performance Coatings Group and the transaction was expected to close by the end of Q3 2022.

Sherwin‑Williams Acquires Sika's European Industrial Coatings Business

April 1, 2022

Building Products

The Sherwin‑Williams Company completed its acquisition of the European industrial coatings business of Sika AG, which will join Sherwin‑Williams' Performance Coatings Group. The business is based in Germany (with sales/technical support in Poland, Austria and Switzerland), contributes approximately CHF 75 million in 2020 sales, and about 115 Sika employees will join Sherwin‑Williams.

SK Capital Acquires Canlak and Valentus Specialty Chemicals to Form Canlak Coatings

May 27, 2021

Manufacturing

Funds advised by SK Capital Partners have acquired Canadian coatings maker Canlak Inc. and U.S.-based Valentus Specialty Chemicals and will merge the businesses to form Canlak Coatings, headquartered in North Brunswick, New Jersey. The combined company will offer a broad wood coatings portfolio (including lacquers, waterborne, UV-cured and polyurethanes) for flooring, cabinet and furniture manufacturers; Normand Guindon will serve as Executive Chairman and Robert Jamieson was named President & CEO.