Cleveland, Ohio - The Sherwin-Williams Co. has closed a deal to buy the Industrial Wood Coatings business of Arch Chemicals, Inc.
This unit, headquartered in Pianoro, Italy, trades under the Sayerlack brand name and SW says it is a leading coatings innovator in joinery, furniture, and cabinets. Net sales in 2009 were $147 million.
Sayerlack, founded in 1954, is one of the largest manufacturers of industrial wood coatings in Europe and a technology leader in polyurethane, water, and UV coatings, said SW's announcement.
Sayerlack has several manufacturing sites across Western Europe along with a comprehensive network of sales, technical, and distributor representatives serving clients in Asia and the US.