Add-on Acquisition • Chemicals

Sherwin-Williams Acquires Dutch Boy Paint

On January 1, 1980, Sherwin-Williams acquired chemicals company Dutch Boy Paint

Acquisition Context
  • This is Sherwin-Williams’ 1st transaction in the Chemicals sector.
  • This is Sherwin-Williams’ 1st transaction in the United States.
  • This is Sherwin-Williams’ 1st transaction in Ohio.

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M&A Deal Summary

Date January 1, 1980
Target Dutch Boy Paint
Sector Chemicals
Buyer(s) Sherwin-Williams
Deal Type Add-on Acquisition

Target Company

Dutch Boy Paint

Cleveland, Ohio, United States
Dutch Boy Paint is a paint manufacturing company and brand based in Cleveland, Ohio.
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Buyer Overview 1

Buyer

Sherwin-Williams

Cleveland, Ohio, United States

Category Company
Founded 1866
Sector Chemicals
Employees64,088
Revenue 23.1B USD (2024)
DESCRIPTION
Sherwin Williams retail store in Westchester, Illinois.
Sherwin Williams retail store in Westchester, Illinois.

Sherwin-Williams provides development, manufacture, distribution and sale of paint, coatings and related products to professional, industrial, commercial and retail customers primarily in North and South America with additional operations in the Caribbean region, Europe and Asia. Sherwin-Williams was founded in 1866 and is based in Cleveland, Ohio.


Deal Context for Buyer #
Overall 1 of 17
Sector: Chemicals 1 of 15
Type: Add-on Acquisition 1 of 12
State: Ohio 1 of 1
Country: United States 1 of 8
Year: 1980 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1996-11-23 The Thompson Minwax Co.

Upper Saddle River, New Jersey, United States

The Thompson Minwax Co. is a manufacturer of sealants, surface protectants and stains including the Thompson, Minwax, Ronseal and Red Devil brands.

Buy $830M