M&A Deal Summary

Sherwin-Williams Acquires Pinturas Condor SA

On October 26, 2010, Sherwin-Williams acquired chemicals company Pinturas Condor SA

Acquisition Highlights
  • This is Sherwin-Williams’ 6th transaction in the Chemicals sector.
  • This is Sherwin-Williams’ 1st transaction in Ecuador.

M&A Deal Summary

Date 2010-10-26
Target Pinturas Condor SA
Sector Chemicals
Buyer(s) Sherwin-Williams
Deal Type Add-on Acquisition

Target

Pinturas Condor SA

Quito, Ecuador
Pinturas Condor SA a provider of painting services in ecuador.

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Buyer(S) 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 STATS #
Overall 6 of 17
Sector: Chemicals M&A 6 of 15
Type: Add-on Acquisition M&A Deals 5 of 12
Country: Ecuador M&A 1 of 1
Year: 2010 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-04-04 Nitco Paints Pvt.

India

Nitco Paints Pvt Ltd. was acquired by Sherwin-Williams Co.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-07-06 Leighs Paints

West Thurrock, United Kingdom

Leighs Paints manufactures a comprehensive line of intumescent Passive Fire Protection products for the hydrocarbon market. Its FIRETEX® brand has been used on more than 400 projects around the world protecting offshore platforms, refineries and chemical plants.

Buy -