Sherwin-Williams buys Italian firm

Sherwin-Williams will acquire the Industrial Wood Coatings business of Arch Chemicals, as part of a plan to strengthen its global platform.

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. 

“We are pleased to bring Sayerlack, a well-respected company and its talented people, into the Sherwin-Williams family," said Christopher Connor, chairman and CEO of Sherwin-Williams. "This acquisition reaffirms our commitment to growing globally through organic expansion, accelerated by appropriate acquisitions.”

Sayerlack joins Sherwin-Williams’ growing Global Chemical Coatings Division, following the acquisitions of Inchem and Becker Powder Coatings U.S. in 2008.