Sherwin-Williams Completes Acquisition of ICA
December 2, 2022 – The Sherwin-Williams Company today announced it completed the acquisition of Industria Chimica Adriatica S.p.A. (ICA).
Based in Italy, ICA is a designer, manufacturer and distributor of industrial wood coatings used for kitchen cabinets, furniture and décor, building products, flooring and other specialty applications. ICA has approximately 600 employees in sales and operations globally, including production facilities in Italy, Poland and India.
ICA is now part of the Sherwin-Williams Industrial Wood Division in the Performance Coatings Group operating segment. The combination of our businesses provides a platform for growth in Europe and beyond, that will provide customers with a broader portfolio of brands and technologies. Multiple product specification and approval positions, strategically located manufacturing and distribution, and an outstanding commercial team focused on delivering innovative and value-added solutions complement ICA’s strong technical expertise.
Please join us in welcoming the ICA team to the Sherwin-Williams family!
ICA has a 50-year track record of building excellent relationships with multi-national and local customers in a rapidly evolving market. This acquisition strengthens our wood coatings offerings, with innovative, high-quality and eco-suitable solutions in a strategic focus market where we look to grow our already solid presence.