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Sherwin-Williams, Nitco deal

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Sherwin-Williams, Nitco deal

The Sherwin-Williams Company, based in Cleveland, Ohio, today announced the acquisition of Mumbai-based Nitco Paints for an undisclosed amount. Nitco has sales of approximately Rs 80 crore. Chirstopher M Connor, chairman and chief executive, The Sherwin-Williams Company, said: "We are excited to be entering the dynamic Indian market, and look forward to growth opportunities."

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