CLEVELAND - The Sherwin-Williams Co. has acquired a majority interest in Shanghai Kinlita Chemical Co. Ltd., a Shanghai, China-based manufacturer of electrodeposition OEM coatings for trucks and buses. Financial terms of the acquisition were not disclosed.

The acquired business, renamed Sherwin-Williams' Kinlita Co. Ltd., will operate under the direction of Sherwin-Williams Automotive Finishes Corp. and will be part of Sherwin-Willams' Automotive business unit.

Sherwin-Williams said it will provide technical resources to strengthen the acquired company's position in the Chinese electrodeposition coatings market, and will contribute topcoat products and technology to increase the business's product and service portfolio.