CLEVELAND – The Sherwin-Williams Co. has signed a definitive agreement to acquire the Industrial Wood Coatings business of Arch Chemicals Inc., Norwalk, CT.
Headquartered in Pianoro, Italy, Arch Industrial Wood Coatings trades under the Sayerlack brand name and is a leading coatings innovator in the joinery, furniture and cabinets markets. Net sales in 2009 were $147 million.
Founded in 1954, Sayerlack is one of the largest manufacturers of industrial wood coatings in Europe and a technology leader in polyurethane, water and UV coatings.
Sayerlack operates several manufacturing sites across Western Europe along with a comprehensive network of sales, technical and distributor representatives serving clients in Asia and the United States.