31 July 2008 14:18 [Source: ICIS news]
No financial details were disclosed.
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The coatings are made and sold in
Inchem has more than 400 employees across its four manufacturing plants and sales of approximately $30m (€19m).
"We are pleased to bring Inchem, a well respected company throughout Asia, its plants in China, Vietnam, and Malaysia, and most importantly its people into the Sherwin-Williams family,” said Christopher M Connor, chairman and CEO of Sherwin-Williams.
“This acquisition reaffirms our commitment to growing globally through organic expansion, accelerated by strategically important acquisitions," he added.
($1 = €0.64)
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