Comex Group

From Wikipedia, the free encyclopedia
Jump to: navigation, search
For COMEX the Commodity Exchange, see New York Mercantile Exchange
Comex Group
Private (Limited liability)
Founded 1959
Headquarters Mexico City, Mexico
Products [paint and waterproofing products]
Revenue US$1.3 billion[1]
Number of employees
2,344
Website www.thecomexgroup.com

Comex Group is the fourth largest paint manufacturer and distributor of paints and waterproofing products in North America, with 3,300 locations.

Sherwin-Williams Company (SHW), the largest U.S. paint retailer, agreed in November 2012 to acquire closely held Consorcio Comex SA de CV for about $2.34 billion including debt to gain Mexico’s largest paint maker.[2] This deal has since been terminated by Sherwin-Williams, effective April 4, 2014, and a result of such, PPG Industries has agreed to buy Comex for $2.3 billion [3]

References[edit]

  1. ^ http://www.hoovers.com/company/The_Comex_Group/rfhttci-1.html
  2. ^ Kaskey, Jack & Case, Brendan (Nov 12, 2012). "Sherwin-Williams to Buy Paint Maker Comex for $2.34 Billion". Bloomberg. Retrieved 2013-06-04. 
  3. ^ Alden, William (Jun 30, 2014). "PPG to Buy Mexican Paint Maker Consorcio Comex for $2.3 Billion". TheNewYorkTimes. Retrieved Jul 4, 2014.