Tag: Sherwin-Williams

BDA Advises Sherwin-Williams on Sale of China Architecture Paint Business to AkzoNobel

 BDA Partners is pleased to announce that its client, The Sherwin-Williams Company (NYSE: SHW), has completed the divestment of its China architecture paint business, under the brand name Huarun in China, to global coatings company Akzo Nobel NV (ENXTAM:AKZA). The business is one of the leading decorative paints originally from Shunde, Guangdong province, known as the “hometown of paints” in China. Founded in 1990, Huarun is a legacy brand, deeply rooted in the Chinese paints industry, across retail and project channels nationwide. The business was acquired by The Valspar Corporation in 2006 and became part of Sherwin-Williams when it acquired ... Read more