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CLEVELAND, OHIO, June 1, 2007 – The Sherwin-Williams Company (NYSE: SHW) announced today that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act has terminated, enabling Sherwin-Williams to complete its acquisition of 100% of the stock of M.A. Bruder & Sons Incorporated, headquartered in the Philadelphia, PA area. With sales of approximately $146 million, M. A. Bruder is a leading manufacturer and distributor of paints and coatings in the eastern and southeastern portions of the United States. M. A. Bruder services the professional painting contractor, builder and do-it-yourself markets through 132 company-owned stores.
Christopher M. Connor, Chairman and Chief Executive Officer of The Sherwin-Williams Company, said "We are pleased to welcome M.A. Bruder into the Sherwin-Williams family. This is a very talented organization and a business that we have long respected. We look forward to continuing to serve MAB customers with the high quality products and outstanding customer service they have grown to expect from MAB stores. We also believe Sherwin-Williams can provide additional resources to further enhance the strengths that have made M.A. Bruder so successful over the years."
The Sherwin-Williams Company, founded in 1866, is one of the world's leading companies engaged in the manufacture, distribution and sale of coatings and related products to professional, industrial, commercial and retail customers.
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Contact:
Robert Wells
Vice President-Corporate Communications and Public Affairs
Sherwin-Williams
Direct: 216.566.2244
rjwells@sherwin.com
Mike Conway
Director Corporate Communications and Investor Relations
Sherwin-Williams
Direct: 216.515.4393
Pager: 216.422.3751
mike.conway@sherwin.com
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