Stratrix
On the Record · Sherwin Williams

Sherwin Williams acquisitions, on the record

The businesses Sherwin Williams bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
SIC Holding GmbH
Word for word“In October 2023, the Company completed the acquisition of German-based SIC Holding GmbH, a Peter Möhrle Holding venture comprised of Oskar Nolte GmbH and Klumpp Coatings GmbH (SIC Holding).” 10-K for 2023
agreed acquisitionOctober 2023—
China architectural business
Word for word“During 2023, the Company divested a non-core domestic aerosol business and the China architectural business, both part of the Consumer Brands Group.” 10-K for 2023
divestiture——
non-core domestic aerosol business
Word for word“During 2023, the Company divested a non-core domestic aerosol business and the China architectural business, both part of the Consumer Brands Group.” 10-K for 2023
divestitureDuring 2023—
Brazilian decorative paints business of BASF SE
Word for word“The Company will acquire all issued and outstanding equity interests in this separate entity for an agreed-upon cash purchase price of $ 1.15 billion, subject to customary post-closing adjustments.” 10-K for 2024
agreed acquisition—1.15 billion
metal packaging coatings business
Word for word“In October 2024, the Company completed the acquisition of a metal packaging coatings business for approximately $ 80 million.” 10-K for 2024
acquisitionIn October 2024approximately $ 80 million
European coil and industrial coatings company
Word for word“In December 2024, the Company signed an agreement to acquire a European coil and industrial coatings company.” 10-K for 2024
agreed acquisitionIn December 2024—
German-based SIC Holding GmbH, a Peter Möhrle Holding venture comprised of Oskar Nolte GmbH and Klumpp Coatings GmbH
Word for word“The total purchase price for the acquisition was approximately $ 290 million, including an immaterial amount paid in 2024 to finalize certain representations, warranties and closing conditions.” 10-K for 2024
acquisition—approximately $ 290 million
European industrial coatings business of Sika AG
Word for word“In April 2022, the Company completed the acquisition of the European industrial coatings business of Sika AG.” 10-K for 2024
acquisitionIn April 2022—
Gross & Perthun GmbH, Dur-A-Flex, Inc. and Powdertech Oy Ltd.
Word for word“In July 2022, the Company completed the acquisitions of Gross & Perthun GmbH, Dur-A-Flex, Inc. and Powdertech Oy Ltd.” 10-K for 2024
acquisitionIn July 2022—
Industria Chimica Adriatica S.p.A. (ICA)
Word for word“In December 2022, the Company completed the acquisition of Industria Chimica Adriatica S.p.A. (ICA).” 10-K for 2024
acquisitionIn December 2022—
BASF SE’s Brazilian decorative paints business (Suvinil)
Word for word“In October 2025, the Company completed the acquisition of BASF SE’s Brazilian decorative paints business (Suvinil) for approximately $ 1.15 billion.” 10-K for 2025
acquisitionIn October 2025approximately $ 1.15 billion
a domestic regional floor covering provider
Word for word“In June 2025, the Company completed the acquisition of a domestic regional floor covering provider for an immaterial purchase price.” 10-K for 2025
acquisitionIn June 2025an immaterial purchase price
a European coil and industrial coatings company
Word for word“In March 2025, the Company completed the acquisition of a European coil and industrial coatings company for approximately $ 80 million.” 10-K for 2025
acquisitionIn March 2025approximately $ 80 million
a metal packaging coatings business
Word for word“In October 2024, the Company completed the acquisition of a metal packaging coatings business for approximately $ 80 million.” 10-K for 2025
acquisitionIn October 2024approximately $ 80 million
a non-core domestic aerosol business within the Consumer Brands Group
Word for word“The Company completed the divestiture of a non-core domestic aerosol business within the Consumer Brands Group in April 2023.” 10-K for 2025
divestitureApril 2023—
the China architectural business within the Consumer Brands Group
Word for word“During the third quarter of 2023, the Company completed the divestiture of the China architectural business within the Consumer Brands Group.” 10-K for 2025
divestitureDuring the third quarter of 2023—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Cash received from selling businessesGoodwill from acquisitions
2017-12-31$8.81 billion—$5.68 billion
2018-12-31——$213.6 million
2019-12-31$77.3 million$0$14.2 million
2020-12-31$0$0—
2021-12-31$210.9 million$122.5 million$155.6 million
2022-12-31$1 billion$0$493.5 million
2023-12-31$264.7 million$103.7 million$8.3 million
2024-12-31$78.9 million$0$48.2 million
2025-12-31$1.21 billion$0$306.8 million

Deal filings since 2016

Read from Sherwin Williams’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-19. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.