Sherwin Takes Comex

Nov 13, 2012

Sherwin-Williams has agreed to acquire Mexico’s Consorcio Comex for $2.34bn, it says. The US paint maker is to pay cash, and will also assume an unspecified amount of debt, in order to gain access to a higher-growth Mexican market. The sale of family-owned Comex is heard to come at the end of a competitive bidding process involving multiple parties. Analysts found it difficult to determine the multiple implied in...

To continue reading please take a free trial, subscribe or login below.

Already have an account?


Subscribe now for unlimited access to all current and archive news, data and market analysis. 


Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial

LatinFinance Events


Which area will be most profitable for investment banks in LatAm in 2016?