---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-028111"
form_type: "8-K"
ticker: "SHW"
cik: "0000089800"
company_name: "SHERWIN WILLIAMS CO"
filed_at: "2025-02-18T23:59:59+00:00"
generated_at: "2026-05-26T18:33:23.226526+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Sherwin-Williams to acquire BASF's decorative paints business in Brazil for $1.15B cash

## Summary
- Wholly owned subsidiary Sherwin-Williams do Brasil to acquire all equity of BASF Coatings S.A. for $1.15B cash, subject to customary adjustments.
- Transaction includes carve-out of BASF's decorative paints business in Brazil; closing requires Brazilian antitrust approval and completion of carve-out.
- Purchase agreement provides termination rights; if antitrust approval not obtained by 18-month end date, Purchaser pays 8% termination fee.
- Sherwin-Williams and BASF each guarantee obligations of their respective subsidiary under the agreement.
- Deal expands Sherwin-Williams' footprint in the Brazilian decorative paints market.

## SEC filing metadata
- accession: 0001193125-25-028111
- form_type: 8-K
- ticker: SHW
- cik: 0000089800
- company_name: SHERWIN WILLIAMS CO
- filed_at: 2025-02-18T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/89800/000119312525028111/0001193125-25-028111-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/89800/000119312525028111/d916475d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-028111
- JSON: https://secwatch.observer/filing/0001193125-25-028111.json
- Plain text: https://secwatch.observer/filing/0001193125-25-028111.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.