Sherwin Williams Merger

Compass Lexecon was retained by counsel for Sherwin Williams Co. to evaluate the competitive effects associated with Sherwin Williams’ acquisition of The Valspar Corp., and to develop economic support for expediting regulatory approval in the U.S. Both Sherwin Williams and Valspar are leading suppliers of architectural and industrial coatings sold in the U.S. through a variety of retail and wholesale channels. The Compass Lexecon team headed by Dennis Carlton, Rick Flyer, Erica Benton and Daniel Stone assisted Sherwin Williams’ outside counsel, led by Steve Newborn, Laura Wilkinson, Megan Granger, and Robert Meyer of Weil, Gotshal & Manges LLP, in gaining regulatory approval in the U.S. The Compass Lexecon team developed supporting econometric evidence throughout the HSR review process, and presented these analyses to the U.S. Federal Trade Commission in helping Sherwin Williams’ counsel gain regulatory approval in the U.S. in May of 2017.