History

We are pleased to announce that The Sherwin-Williams Company has completed the acquisition of Oskar Nolte GmbH and Klumpp Coatings GmbH, and their subsidiaries. With this acquisition, Oskar Nolte and Klumpp Coatings join a premier global paints and coatings company with more than US$22 billion in sales globally, as part of the Sherwin-Williams Performance Coatings Group in the Industrial Wood operating segment. Sherwin-Williams is excited to have these long-standing companies join its family.

Oskar Nolte was established in 1959 as a manufacturer of paints for neighboring furniture manufacturers. It started by providing a full range of products, however greatly increased its focus on specialty segments in the early ‚‘90s of the last century. The strategic decision was taken to concentrate only on large-industrial manufacturers of boards as customers for its products. This paved the way to specialize on water-based coating systems complemented by radiation-curing 100% material systems. These systems were economically superior to conventional solvent-based systems and also made sense from an environmental point of view. Even today, manufacturers of boards and panels made of engineered wood (MDF, HDF, Particle Board…) as suppliers to the furniture and (interior) door industry are a key customer group for the company.

During the last years, the company greatly extended its geographic reach and enlarged its product offer in related areas (e.g. coating of new substrates such as foils or plastics, new radiation-curing drying technologies and customer-specific developments in particular.

A milestone has been reached in 2019 when Oskar Nolte acquired the former BASF foil coatings business from AkzoNobel. This led to a strong move into a complementary field of business activity. Also, a new site at one of the most appealing German cities, Münster, was established.

Another major step in developing our Specialized Industrial Coatings Group was the acquisition of our sister company Klumpp coatings. With 2 sites in Germany, China, Brasil, Indonesia, Malaysia, Singapore, Thailand and Vietnam we increased our global reach, further access to innovative raw materials and manufacturing capacity. Klumpp has been synonymous for pioneering radcure systems for flooring application globally. Driven by an experienced team of researchers, engineers and technical sales experts, our group strongly benefits from this unique pool of knowledge.