BASF has signed an agreement to sell its Brazilian decorative paints business to Sherwin-Williams. BASF’s decorative paints business generated sales of approximately USD 525 million (approx. He expressed confidence that the decorative paints business would continue to be successful under the ownership of Sherwin-Williams. Until the transaction is completed, BASF and Sherwin-Williams will continue to operate as independent companies. In addition, BASF plans to evaluate strategic options for its remaining coatings activities in the second quarter of 2025.