The Sherwin-Williams Co. and Columbia Paint & Coatings Co. have entered into a definitive merger agreement. Following the consummation of the merger, Columbia Paint & Coatings Co. will become a subsidiary of Sherwin-Williams.
Columbia Paint & Coatings Co., headquartered in Spokane, WA, is a leading manufacturer and distributor of paints and coatings in the western and pacific northwestern portions of the U.S. Columbia services the professional painting contractor, builder and do-it-yourself markets through 41 company-owned stores. The transaction will be completed upon the receipt of all regulatory approvals. The company’s paints and coatings will continue to be provided through Columbia's existing stores.
H. H. (Larry) Larison, chief executive officer of Columbia Paint & Coatings Co., said, "Columbia Paint & Coatings has built a respected and admired company with 60 years of history in the paint and coatings industry. Sherwin Williams is a very well managed and highly respected multi-national company and we at Columbia Paint are very excited about this merger and are confident that it will allow us to provide a stronger level of service and support to our customers, both now and in the future."
For more information, visitwww.sherwin.com.
Sherwin-Williams and Columbia Paint to Merge - Posted 8/29/07
August 29, 2007