About the client
Leighs, established in 1860, specialises in steel coatings, treatments for the oil and gas industry and fire resistant products. Aside from the UK it has operations in India, the Middle East, Europe and Canada.
Cleveland-based Sherwin-Williams, founded in 1866, is the world's third largest paint producer. It makes coatings for industrial, commercial and retail customers and has a retail chain of 3,500 stores.
About the deal
Rickitt Mitchell acted as lead corporate finance advisers to the shareholders of Leighs Paints on the sale of the company to the NYSE listed Sherwin-Williams Company (USA).
"Thank you Paul for your leadership and close involvement in pushing the project over the line. The whole team at Rickitt Mitchell over the months has added a lot of expertise, invaluable experience and value to the deal. It was long drawn out but worth it! You did an excellent job coordinating everything and everyone. You also put in a lot of thought along the way about the best options to tackle issues to move the process forward and advising us accordingly."Brian Leigh-Bramwell| Chairman | Leighs Paints