Sherwin-Williams to acquire Gross & Perthun

The Sherwin-Williams Company has announced an agreement to acquire Gross & Perthun, developer, manufacturer, and distributor of coatings primarily for the heavy equipment and transportation industries based in Mannheim, Germany.

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Biesterfeld and US manufacturer Dymax have extended their distribution partnership.  Image source: fotomek –

The acquired business has approximately 100 employees and annual sales of approximately EUR 47 million, and will become part of the Sherwin-Williams Performance Coatings Group reportable segment. The transaction is expected to close by the end of the third quarter of 2022.

“Multiple opportunities”

“This high-quality business brings us innovative waterborne and solvent liquid coatings technology, leading specification and approval positions, strong relationships with multi-national and local customers, strategically located manufacturing, and an outstanding commercial and technical team focused on delivering innovative and value-added solutions,” said Sherwin-Williams Chairman and Chief Executive Officer, John G. Morikis. “The combination of our businesses provides multiple opportunities to accelerate profitable growth throughout Europe and beyond.”

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