Sherwin-Williams To Acquire Italian Coating Manufacturer

The Sherwin-Williams Company plans to acquire Industria Chimica Adriatica S.p.A. (ICA), an Italian designer, manufacturer, and global distributor of industrial wood coatings used for kitchen cabinets, furniture and décor, building products, and flooring applications. ICA will become part of the Sherwin-Williams performance coatings group operating segment. It will enhance Sherwin-Williams’ product portfolio by adding waterborne and solvent liquid coatings technology, including a range of ultra-matt protective coatings and BIO water-based coatings products, which are made with recycled raw materials.