Sherwin-Williams has signed an accord to buy Duron in a transaction valued at $253 million, plus the assumption of certain financial obligations at closing.
Duron, with sales of approximately $350 million, operates 231 company-owned stores in the eastern region of the U.S.
"We are pleased to have reached agreement to bring an organization and business that we have long respected into the Sherwin-Williams family," said Christopher M. Connor, chairman and CEO of Sherwin-Williams.
Sherwin-Williams To Buy Duron
By Jason Lawton
Published May 17, 2004
Related Breaking News
- DKSH Opens Specialty Chemicals Coatings Innovation Center in India
- Sika Reports Growth in All Regions & Significant Rise in Net Profit
- Malvern Instruments Completes Acquisition of MicroCal & Announces Purchase of Archimedes Products
- Cabot, Birla Carbon, Cooper Tire and More Headline Carbon Black World 2014
Related Paint & Coatings Manufacturer News