Sherwin-Williams Completes Acquisitions of Duron Inc., Paint Sundry Brands Corp.
CLEVELAND - The Sherwin-Williams Co. completed the acquisitions of Duron Inc. and Paint Sundry Brands Corp. in separate transactions valued at approximately $625 million, including the assumption of certain financial obligations.
Duron, based in Beltsville, MD, is a major regional coatings manufacturer and retailer serving the professional and do-it-yourself (DIY) markets in the eastern United States, and operates 230 company-owned stores. Sherwin-Williams said Duron stores and manufacturing facilities would continue to supply Duron-brand products.