Sherwin-Williams Completes the Acquisition of M.A. Bruder, Inc.
CLEVELAND, OHIO, The Sherwin-Williams Company (NYSE: SHW) announced today that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act has terminated, enabling Sherwin-Williams to complete its acquisition of 100% of the stock of M.A. Bruder & Sons Incorporated, headquartered in the Philadelphia, PA area. With sales of approximately $146 million, M. A. Bruder is a leading manufacturer and distributor of paints and coatings in the eastern and southeastern portions of the United States. M. A. Bruder services the professional painting contractor, builder and do-it-yourself markets through 132 company-owned stores.
Christopher M. Connor, Chairman and Chief Executive Officer of The Sherwin-Williams Company, said We are pleased to welcome M.A. Bruder into the Sherwin-Williams family. This is a very talented organization and a business that we have long respected. We look forward to continuing to serve MAB customers with the high quality products and outstanding customer service they have grown to expect from MAB stores. We also believe Sherwin-Williams can provide additional resources to further enhance the strengths that have made M.A. Bruder so successful over the years.
This news content was configured by WebWire editorial staff. Linking is permitted.
News Release Distribution and Press Release Distribution Services Provided by WebWire.