Sherwin-Williams to buy Inchem Liquid Coatings
Cleveland-based Sherwin-Williams has entered into a definitive agreement to buy Liquid Coatings Subsidiaries of Inchem Holdings of Inchem Holdings International.
Details of the agreement were not disclosed.
Inchem, headquartered in Singapore, produces coatings applied to wood and plastic products in Asia. These waterborne, solvent-based and ultraviolet curable coatings are applied to furniture, cabinets, flooring and electronic products.
Christopher M. Connor, chairman and CEO of Sherwin-Williams, said "this acquisition reaffirms our commitment to growing globally through organic growth accelerated by strategically important acquisitions. We are pleased to bring Inchem, a well respected company throughout Asia, its plants in China, Vietnam and Malaysia, and most importantly its people, into the Sherwin-Williams family."