Sherwin-Williams Acquires Gross & Perthun GmbH
June 9, 2022
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.
- Buyers
- The Sherwin-Williams Company
- Targets
- Gross & Perthun GmbH
- Industry
- Manufacturing
- Location
- Baden-Württemberg, Germany
- Transaction Type
- Buyout
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