The Sherwin-Williams Company has acquired Becker Powder Coatings Inc. in North America, a subsidiary of AB Wilh. Becker based in Sweden. Simultaneously, AB Wilh. Becker has acquired the North American coil coatings business of Sherwin-Williams. The business will be integrated into Becker Specialty Corporation, a Chicago-based subsidiary of AB Wilh. Becker.
Headquartered in Columbus, OH, Becker Powder Coatings Inc. produces powder coatings applied to appliances, metal furniture, fixtures, equipment and electronic products manufactured throughout North America.
Becker Powder Coatings has more than 45 employees and sales of approximately $14 million.
"This is another positive step in our strategy of steady growth and expansion with a quality set of products and people who provide excellent service to our customers," said Christopher M. Connor, chairman and CEO, The Sherwin-Williams Company. "We are pleased to bring Becker Powder Coatings Inc., a well-respected company, and their employees into the Sherwin-Williams family."
"As a leader in coil coatings, this acquisition, following our acquisition of Specialty Coatings Company, is another important step in growing our North American business," said AB Wilh. Becker chairman and CEO, Jenny Linden Urnes. "We are excited that this enhances the position of both Beckers and Sherwin-Williams through the sale and purchase transactions of our North American powder and Sherwin-Williams' coil coatings businesses respectively."