Sherwin-Williams Acquires Mautz Paint Co.;<br>Lead-Paint Lawsuit Cited as Key Factor in Sale
CLEVELAND - The Sherwin-Williams Co. announced the acquisition of substantially all of the assets of Mautz Paint Co., a regional manufacturer of architectural paints based in Madison, WI, for an undisclosed price.
Mautz Paint, founded in 1922, is a well-known manufacturer, distributor, and retailer of paint and paint-related products, and operates 33 stores in Wisconsin, Iowa, Minnesota, Illinois and Indiana. The stores sell architectural coatings under the Mautz brand name to professional and do-it-yourself customers. Sherwin-Williams said the Mautz stores will continue to operate under the Mautz name and sell Mautz branded products.