Sherwin-Williams: brands it owns and its ownership tree
Sherwin-Williams (NYSE: SHW) is a publicly listed company headquartered in Cleveland, Ohio, United States that owns 5 consumer brands, and has 2 recorded transactions.[1]
Sherwin-Williams was founded in Cleveland in 1866 and sold the first ready-mixed paint in a can, at a time when painters ground and mixed their own pigments. It is the largest coatings company in the world and sells principally through thousands of its own shops rather than through hardware retailers.
Sherwin-Williams acquired Valspar for about $11.3 billion, requiring divestitures to satisfy competition regulators. Valspar traces to a Boston paint business founded in 1806 and was the paint sold through Lowe's, a rival retailer to the buyer's own stores.
Sherwin-Williams acquired all outstanding shares of Thompson Minwax Holding Corp through a wholly owned subsidiary, effective 7 January 1997. Buying the shares and paying off Thompson Minwax debt took about $830 million, financed largely with commercial paper that the company refinanced with bond issues later that year. The purchase brought the Minwax wood finishes and Thompson's WaterSeal lines into a company that had until then sold mostly paint.
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Frequently asked questions
What brands does Sherwin-Williams own?
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Sherwin-Williams owns 5 consumer brands tracked here, including Valspar, Thompson's WaterSeal, Sherwin-Williams, Krylon and Minwax.
Is Sherwin-Williams an American company?
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Yes. Sherwin-Williams is headquartered in Cleveland, Ohio, United States and was founded in 1866.
Who owns Sherwin-Williams?
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Sherwin-Williams is a publicly listed company owned by its shareholders; it trades as SHW on the NYSE.
What was Sherwin-Williams' most recent acquisition?
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The most recent completed acquisition recorded here is Valspar on 1 June 2017.
Sources (3) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.