We are pleased to announce that The Sherwin-Williams Company has completed the acquisition of Oskar Nolte GmbH and Klumpp Coatings GmbH, and their subsidiaries. With this acquisition, Oskar Nolte and Klumpp Coatings join a premier global paints and coatings company with more than US$22 billion in sales globally, as part of the Sherwin-Williams Performance Coatings Group in the Industrial Wood operating segment. Sherwin-Williams is excited to have these long-standing companies join its family.
This announcement marks an important milestone, as we gain a strategic investor with long experience in industrial wood coatings. We see this as a positive step forward in the evolution and growth of our business.
Sherwin-Williams is a leading European supplier in the furniture and flooring market. This provides even more stability and reliability for our customers as we continue to be a leader in innovative, high-performance industrial wood coatings. With consistent access to raw materials, our customers should benefit from state-of-the-art formulations, new products – such as spray paint systems - and a larger geographic reach, as Sherwin-Williams is established in regions previously beyond our coverage. We are confident that the acquisition best positions us for continued success well into the future.
We want to emphasize that all of us remain committed to providing the same customer service, responsiveness and product offerings that you have come to expect from both of our companies.
The integration will be led by a team of combined Oskar Nolte, Klumpp Coatings and Sherwin-Williams leaders to ensure a seamless transition for you and all our customers.
Please don’t hesitate to reach out to us if you have any questions.
Thank you for your continued support as we look forward to this exciting next chapter.