Presentation - Sherwin-Williams

More documents

Recommendations

Info

Transaction Summary• Sherwin-Williams to acquire Consorcio Comex, S.A.de C.V. for approximately $2.34 billion in cash– Expected to be EPS accretive in first 12 months– EPS dilutive in initial quarter• Complements Sherwin-Williams’ growth strategy– Expands architectural paint business in Americas– Increases retail distribution in many markets where ourstore count is low2• Completion of acquisition subject to customaryregulatory approvalsFinancial Community Presentation – Thursday, May 12, 2011
Who is Comex?3• Founded in Mexico in 1952• Total company sales of $1.4 Billion• 66% in Latin America, 34% in U.S.and Canada• Respected family of brands• Second largest specialty paint store organization inthe Western Hemisphere- Over 3,300 points of sale in Mexico operated by 750independent concessionaires- 240 company-operated stores in the United States- 78 company-operated stores and 1500 independentdealers in CanadaFinancial Community Presentation – Thursday, May 12, 2011
Page 1 and 2: A Unique Growth Opportunityfor Sher
Page 3: Call Agenda• Transaction Summary
Page 7 and 8: Why Comex Makes Sense• Augments c
Page 9 and 10: Paint Stores GroupStore Penetration
Page 11 and 12: Sherwin‐Williams + ComexPaint Sto
Page 13 and 14: Sherwin‐Williams + ComexPro Forma
Page 15: Questions?Financial Community Prese

Presentation - Sherwin-Williams

Create successful ePaper yourself

Delete template?

Save as template?