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Sherwin-Williams Acquires Inchem

The Sherwin-Williams Company has closed a definitive agreement to acquire the Liquid Coatings Subsidiaries of Inchem Holdings of Inchem Holdings International Ltd. Inchem, headquartered in Singapore, produces coatings applied to wood and plastic products in Asia. The coatings are made and sold in China, Vietnam, and Malaysia, and distributed to 15 other Asian countries.

Founded in 1992, Inchem has more than 400 employees across its four manufacturing plants, generates sales of approximately $30 million, and boasts a reputation for innovative technology and quality products. “This acquisition reaffirms our commitment to growing globally through organic expansion, accelerated by strategically important acquisitions,” said Christopher M. Connor, chairman and CEO of the Sherwin-Williams Co.

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Industry Trends & Happenings  •  Paint & Powder Coating Applications

 

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