PPG's $2.3 billion acquisition of Mexico's largest paint maker Consorcio Comex S.A. de C.V. comes just months after competitor Sherwin-Williams dropped a similar attempt.
Sherwin-Williams is terminating the stock purchase agreement to acquire the Mexico business of Consorcio Comex, S.A. de C.V.
The Sherwin-Williams Co. has ended its efforts to buy Mexican paint and coatings manufacturer Consorcio Comex.
Sherwin-Williams said it will consider refiling its petition to acquire Consorcio Comex after Mexico's antitrust watchdog denied its appeal to purchase the paint manufacturer.
Kathy Andersson, Color Marketing Manager, The Sherwin-Williams Company, will present “Color Trends” to attendees of the KCMA 25th Annual Management Conference, Exposition and Plant Tours in Sioux Falls, S.D., September 28 through October 1.
This October at the International Home Furnishings Market in High Point, North Carolina, custom upholstery manufacturer Miles Talbott Furniture will expand their finish options by offering customers a selection of Benjamin Moore paint colors.
Many factors are paving the way for the U.S. paints and coatings market. As the number of construction projects increases, consumers resume their spending and as the demand for industrial production is raised, the paints and coatings market will benefit. At the same time, there are a number of factors inhibiting market growth, such as more stringent environmental regulations and higher prices of base ingredients. While some of these factors may not affect the paints and coatings market as a whole, specific segments of the market may be influenced.