Content about Mexico City

June 30, 2014

PPG Industries has picked up where Sherwin-Williams left off.

The Pittsburgh-based paint and coatings giant PPG agreed to acquire Consorcio Comex, an architectural and industrial coatings company with headquarters in Mexico City, Mexico.

The transaction is valued at $2.3 billion.

November 12, 2012

Cleveland-based Sherwin-Williams Co. agreed to acquire Consorcio Comex, S.A. de C.V., a leader in the paint and coatings market in Mexico with headquarters in Mexico City. 

Comex sells architectural and industrial coatings in Mexico through 3,300 units operated by 750 concessionaires. Sherwin-Williams will pay approximately $2.34 billion, including assumed debt, in an all-cash transaction, the company announced Monday morning.

December 20, 2010

Home Depot has opened two new stores in Puebla, Mexico, at the combined cost of $14.5 million, according to a report in El Diario de Monterrey.

Home Depot has opened two new stores in Puebla, Mexico, at the combined cost of $14.5 million, according to a report in El Diario de Monterrey

Puebla, located 80 miles southeast of Mexico City, is the fourth largest city in Mexico. It has a population of 1.1 million. 

The latest opening brings Home Depot’s store count in Mexico to 85. Six of these units were opened in 2010, according to the newspaper.