Sherwin-Williams Completes the Acquisition of Becker Acroma Industrial Wood Coatings

By Sherwin-williams Company, PRNE
Tuesday, August 31, 2010

Leading Global Industrial Wood Coatings Innovator Joins S-W's Growing Global Finishes Group

CLEVELAND, September 1, 2010 - The Sherwin-Williams Company (NYSE: SHW) announced it has closed a
definitive agreement to acquire Becker Industrial Products AB, a subsidiary
of AB Wilh. Becker based in Sweden, which engages in the industrial wood
coatings business.

Headquartered in Stockholm, Sweden, Becker Acroma is one of the largest
manufacturers of industrial wood coatings globally and a technology leader in
water, UV, and other wood coatings. Becker Acroma wood coatings serve the
joinery, kitchen cabinet, furniture, and flooring markets directly and
through distributors. The Company has an outstanding reputation for
innovative technology and quality products.

Becker Acroma has more than 900 employees and currently operates 9
manufacturing facilities, 19 mixing sites and 13 technical centers around the
world. (Sweden, Italy, Germany, France, UK, Ireland, Belgium, Norway,
Finland, Denmark, Czech Republic, Poland, Romania, Russia, Lithuania,
Belarus, China, Vietnam, Thailand, Canada, U.S.) Sales in 2009 were
approximately SEK 2.125 billion (US$300 million).

Christopher M. Connor, Chairman and CEO of The Sherwin-Williams Company,
said, "We are pleased to bring Becker Acroma, a well-respected company, and
their employees into the Sherwin-Williams family. This is another positive
step in our strategy of steady growth and expansion through quality products
and people who provide excellent customer service. This acquisition reaffirms
our commitment to growing globally through organic expansion, accelerated by
appropriate acquisitions."

Jenny Linden Urnes, owner and chairman of AB Wilh. Becker, commented,
"Becker Acroma and its committed employees around the world have been a very
much appreciated part of Beckers, and I wish them the best of luck in the
future. We know Sherwin-Williams well, and I am confident that joining the
Sherwin-Williams family will be good for Becker Acroma's employees,
customers, and other stakeholders."

George E. Heath, President of Sherwin-Williams Global Finishes Group,
stated, "The acquisition of Becker Acroma is another important step in our
efforts to strengthen our growing global platform to better serve our
customers around the world with outstanding assets, technology, and people."

Becker Acroma will be part of the Company's growing Global Finishes Group
following the acquisitions of Sayerlack (2010), Inchem (2008) and Becker
Powder Coatings U.S. (2008).

Kaj Brandt, CEO of Becker Acroma Industrial Wood Coatings said, "We are
excited to join the Sherwin-Williams family and to contribute to the
company's success across the globe. We have respected Sherwin-Williams for
years, and are delighted to now be a partner."

Sherwin-Williams Global Finishes Group

The Sherwin-Williams Global Finishes Group is a leading supplier of
advanced technology liquid and powder product finishes for the world OEM
market through 15 manufacturing and 79 facility locations across the U.S.,
Canada, Mexico, Europe and China. For more information, visit

The Sherwin-Williams Company

Founded in 1866, The Sherwin-Williams Company is a global leader in the
manufacture, development, distribution, and sale of coatings and related
products to professional, industrial, commercial, and retail customers.

The company manufactures products under well-known brands such as
Sherwin-Williams(R), Dutch Boy(R), Krylon(R), Minwax(R), Thompson's(R)
WaterSeal(R) and many more.

With global headquarters in Cleveland, Ohio, Sherwin-Williams(R) branded
products are sold exclusively through a chain of 3,354 company-operated
stores and facilities, while the company's other brands are sold through
leading mass merchandisers, home centers, independent paint dealers, hardware
stores, automotive retailers, and industrial distributors.

The Sherwin-Williams Global Finishes Group distributes a wide range of
products in more than 70 countries around the world. For more information,

    The Sherwin-Williams Company:  M&A

    9.1.10   Becker Acroma             Sweden       Industrial Coatings

    3.31.10  Sayerlack                 Italy        Industrial Coatings

    2.2.09   Altax                     Poland       Protective Coatings

    12.12.08 Euronavy                  Portugal     Protective Coatings

    7.31.08  Inchem Holdings           Singapore    Industrial Coatings

    2.18.08  Becker Powder Coatings US Columbus     Industrial Coatings

    12.29.07 Flex                      Mexico       Automotive Coatings

    9.27.07  Columbia                  Spokane      41 Paint Stores

    9.21.07  VHT Paint Line            Scottsdale   Aerosol Coatings

    8.3.07   NAPKO                     Mexico       Protective Coatings

    6.28.07  Pinturas Industriales     Uruguay      Architectural Coatings

    6.1.07   M.A. Bruder               Philadelphia 132 Paint Stores

    4.4.07   NITCO                     India        Architectural Coatings

    Robert Wells
    Senior Vice President, Corporate Communications and Public Affairs
    Direct:  +1-216-566-2244

    Mike Conway
    Director, Corporate Communications and Investor Relations
    Direct:  +1-216-515-4393
    Pager:   +1-216-422-3751

Robert Wells, Senior Vice President, Corporate Communications and Public Affairs, +1-216-566-2244, rjwells at, Mike Conway, Director, Corporate Communications and Investor Relations, +1-216-515-4393, Pager: +1-216-422-3751, mike.conway at, both of Sherwin-Williams

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