Sherwin-Williams

Sherwin-Williams

Global leader in paint and coatings

About Sherwin-Williams

Simplify's Rating
Why Sherwin-Williams is rated
A-
Rated A on Competitive Edge
Rated B on Growth Potential
Rated A on Rating Differentiation

Industries

Industrial & Manufacturing

Consumer Goods

Company Size

10,001+

Company Stage

IPO

Total Funding

N/A

Headquarters

Cleveland, Ohio

Founded

1866

Overview

Sherwin-Williams provides a wide range of paint and coating products to various customers, including professionals, industries, and consumers. Their products are tailored to meet the specific needs of different markets such as architectural, industrial, packaging, and transportation. The company operates over 5,000 stores across North America and supplies coatings to more than 120 countries. Sherwin-Williams focuses on quality and customer satisfaction, ensuring that their products are easily accessible through digital platforms. They differentiate themselves from competitors by emphasizing strong supplier partnerships and a customer-centric approach, supported by a large workforce dedicated to innovation. The goal of Sherwin-Williams is to maintain its leadership in the coatings industry while continuing to grow and meet the evolving needs of its customers.

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Simplify's Take

What believers are saying

  • Acquisition of BASF's Suvinil brand expands presence in the Brazilian market.
  • Increased demand for eco-friendly coatings drives innovation and market opportunities.
  • Integration of AI in paint formulation enhances product quality and customer satisfaction.

What critics are saying

  • Increased competition in Brazil may lead to pricing pressures and reduced margins.
  • Potential integration challenges in Brazil could disrupt business processes.
  • Focus on non-paint categories may divert resources from core paint business.

What makes Sherwin-Williams unique

  • Sherwin-Williams offers a diverse range of products across multiple markets globally.
  • The company emphasizes digital accessibility to enhance customer experience and satisfaction.
  • Strong supplier partnerships enable Sherwin-Williams to maintain market leadership and innovation.

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Funding

Total Funding

$0

Below

Industry Average

Funded Over

1 Rounds

Post IPO Equity funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Equity Funding Comparison
Coming Soon

Company News

Benzinga
Feb 18th, 2025
Sherwin-Williams Expands In Brazil: Snaps Up BASF's Suvinil For $1.15B

Sherwin-Williams expands in Brazil: snaps up BASF's Suvinil for $1.15B.

Fibre2Fashion
Feb 18th, 2025
BASF sells Brazilian paints unit to Sherwin-Williams for $1.15 bn

BASF has agreed to sell its Brazilian decorative paints business to Sherwin-Williams for $1.15 billion.

PR Newswire
Feb 17th, 2025
Sherwin-Williams to Acquire BASF's Brazilian Architectural Paints Business for $1.15 Billion in All-Cash Transaction

Adds a leading producer of architectural paints in Brazil and the highly-recognized Suvinil brand to Sherwin-Williams portfolio Expands and accelerates...

Adair Homes
Feb 11th, 2025
Explore Adair's Updated Paint Program

At Adair Homes, Adair Homes, Inc. understand that choosing the right color can be daunting, which is why Adair Homes, Inc. has partnered with Sherwin-Williams to create an updated paint program.

PR Newswire
Jan 27th, 2025
Sherwin-Williams Announces And Celebrates 2024 Vendor Of The Year Award Winners

Continued Dedication to Customer-Focused Service and Collaboration lead to substantial non-paint category sales growth in 2024CLEVELAND, Jan. 27, 2025 /PRNewswire/ -- The Sherwin-Williams Company honored four 2024 Vendor of the Year award winners across three categories this week during its annual National Sales Meeting in Orlando, FL. Two companies were named Vendor of the Year and two additional winners were selected in the Marketing Innovation Award and Marketing Agency Partner Award categories. Award winners were honored for providing high-quality products, customer-driven innovation and an unwavering commitment to the success of Sherwin-Williams through their unique efforts to deliver on customers' needs."We are thrilled to celebrate the performance and success of our top vendors and suppliers who have played a key role in driving sales, customer satisfaction and product innovation," said Tracey Gairing, Vice President of Procurement at Sherwin-Williams. "It's because of their dedication, creativity and support that Sherwin-Williams continues to expand its presence in non-paint categories leading to a stellar 2024 and looking forward to even greater success in 2025."2024 Vendor of the YearVendor of the Year Award recipients are top sales performers who continue to raise the bar in delivering outstanding quality, innovation and value to Sherwin-Williams stores and superior service to our distribution centers.Mi-T-M: A six-time winner of the Vendor of the Year Award, the Mi-T-M Corporation achieved double-digit sales growth for the fourth straight year. Recognized as a market leader in pressure washers, their comprehensive team of knowledgeable field representatives work directly with Sherwin-Williams sales and store teams on product information, store-direct orders and any other needs that arise

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