What’s Next for the Comex / Sherwin Williams Deal?
After Sherwin Williams’ initial purchase of Comex at the end of 2012, the acquisition was considered complete until the Federal Competition Commission in Mexico blocked the purchase. Sherwin Williams continued with its acquisitions of Comex in the United States and Canada, where regulatory commissions approved the sale. The future of the acquisition in Mexico is still uncertain, and Cruz del Barrio, Head of Home and Garden Research at Euromonitor, states that Sherwin Williams will likely have to compromise to move forward with the acquisition.
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