 | |
| Type | Private (Limited liability) |
|---|---|
| Founded | 1959 |
| Headquarters | , |
Key people | Henrik Bergström CEO |
| Products | [paint and waterproofing products] |
| Revenue | US$1.3 billion [1] |
Number of employees | 2,344 |
| Parent | PPG Industries |
| Website | www.comex.com.mx |
Comex Group is the fourth largest paint manufacturer and distributor of paints and waterproofing products in North America, with 3,300 locations.
The Sherwin-Williams Company (SHW), the largest U.S. paint retailer, agreed in November 2012 to acquire closely held Consorcio Comex SA de CV for about $2.34 billion including debt to gain Mexico’s largest paint maker. [2] The deal was rejected by Mexico's Comisión Federal de Competencia in November 2013 for antitrust purposes, [3] and a result of such, PPG Industries has agreed to buy Comex for $2.3 billion [4] Sherwin-Williams was still able to purchase Comex' operations in the USA and Canada for $165 million. [5] After the failed bid in Mexico, and before the take-over by PPG, Comex sued Sherwin-Williams for not trying hard enough to seal the deal. [6]
In July 2015, after the photo of president Enrique Peña Nieto showing his height difference next to Felipe VI of Spain made the international headlines, Comex released on its Twitter account a photoshopped photo of the Mexican president standing on one of its paint pots with the text "una pintura de altura" (a paint of stature). After the post got widely retweeted, the company deleted it and made an official apology, arguing that the photo had not been approved before it went live. [7] [8]
Comex sells paint and coatings. As of 2013, the company distributed its products through 234 Comex stores in the USA, 80 Comex stores and 1500 external retailers in Canada. It also operates 5 manufacturing sites in the USA and 3 in Canada. [3] In January 2016, Comex opened its 4,000th store in Mexico. [9]
Akzo Nobel N.V., stylized as AkzoNobel, is a Dutch multinational company which creates paints and performance coatings for both industry and consumers worldwide. Headquartered in Amsterdam, the company has activities in more than 80 countries, and employs over 32,000 people. Sales in 2020 were €8.5 billion.
Carlos Slim Helú is a Mexican telecoms magnate, investor and philanthropist. From 2010 to 2013, Slim was ranked as the richest person in the world by the Forbes business magazine. He derived his fortune from his extensive holdings in a considerable number of Mexican companies through his conglomerate, Grupo Carso. As of January 2022, Bloomberg Billionaires Index ranked him as the 15th-richest person in the world with a net worth of $73.3 billion, making him the richest in Latin America.
Conagra Brands, Inc. is an American consumer packaged goods holding company headquartered in Chicago, Illinois. Conagra makes and sells products under various brand names that are available in supermarkets, restaurants, and food service establishments. As of September 2021 the company had a valuation in terms of its market capitalization of $16.4 billion.
TotalEnergies SE is a French multinational integrated oil and gas company founded in 1924 and one of the seven "supermajor" oil companies. Its businesses cover the entire oil and gas chain, from crude oil and natural gas exploration and production to power generation, transportation, refining, petroleum product marketing, and international crude oil and product trading. TotalEnergies is also a large-scale chemicals manufacturer.
PPG Industries, Inc. is an American Fortune 500 company and global supplier of paints, coatings, and specialty materials. With headquarters in Pittsburgh, Pennsylvania, PPG operates in more than 70 countries around the globe. By revenue it is the largest coatings company in the world followed by AkzoNobel. It is headquartered in PPG Place, an office and retail complex in downtown Pittsburgh, and is known for its glass facade designed by Philip Johnson.
Sherwin-Williams Company is an American Cleveland, Ohio–based company in the paint and coating manufacturing industry. The company primarily engages in the manufacture, distribution, and sale of paints, coatings, floorcoverings, and related products to professional, industrial, commercial, and retail customers primarily in North and South America and Europe. At the end of 2020, Sherwin-Willams had operations in over 120 countries.
Essilor International is a French-based international ophthalmic optics company that designs, manufactures and markets lenses to correct or protect eyesight. Its headquarters is in Charenton-le-Pont, France.
Lanxess AG is a German specialty chemicals company based in Cologne, Germany that was founded in 2004 via the spin-off of the chemicals division and parts of the polymers business from Bayer AG.
CVC Capital Partners is a British private equity and investment advisory firm with approximately US$111 billion in secured commitments since inception across European and Asian private equity, credit and growth funds. As of 2019, CVC managed US$75 billion of assets, the funds managed or advised by CVC are invested in 73 companies worldwide, employing over 300,000 people in numerous countries. Since 1981, CVC has completed over 500,000 investments across a wide range of industries and countries. CVC was founded in 1981 and today has over 400 employees working across its network of 24 offices throughout Europe, Asia and the Americas.
The Valspar Corporation is an American manufacturer of paint and coatings based in Minneapolis, Minnesota. With over 11,000 employees in 25 countries and a company history that spans two centuries, it was the sixth largest paint and coating corporation in the world. Valspar was founded in 1806 as a paint dealership in Boston, Massachusetts. The Valspar name emerged in 1903 as the name of a clear varnish and became the company name in 1932.
Anheuser-Busch InBev SA/NV, commonly known as AB InBev, is a multinational drink and brewing company based in Leuven, Belgium. AB InBev has a global functional management office in New York City, and regional headquarters in São Paulo, London, St. Louis, Mexico City, Bremen, Johannesburg and others. It has approximately 630 beer brands in 150 countries.
Suning.com Co., Ltd. formerly Suning Commerce Group Co., Ltd. is one of the largest non-government retailers in China, headquartered in Nanjing, Jiangsu Province. Suning has more than 10,000 stores nationwide and its e-commerce platform, Suning.com ranks among top three Chinese B2C companies. The operation categories include physical merchandise, such as home appliances, 3C products, books, general merchandise, household commodities, cosmetics and baby care products, content products and service merchandise with the total number of SKU exceeding 3 million. It was listed on the Shenzhen Stock Exchange in 2004. In 2021, Suning.com ranked at 328th on the Fortune Global 500 list.
Christopher M. Connor is the executive chairman of the Sherwin-Williams Company, a Fortune 500 company in the general building materials industry. He joined the company in 1983, became the CEO in October 1999 and the chairman in April 2000, and was the president from July 2005 to October 2006. In 2009, he was one of the 200 highest-paid CEOs in the United States, receiving a salary of $1,268,986 and total compensation of $7,495,810.
NL Industries, formerly known as the National Lead Company, is a lead smelting company currently based in Houston, Texas. National Lead was one of the 12 original stocks included in the Dow Jones Industrial Average at the time of its creation on May 26, 1896.
Glidden is a paint brand, manufactured by PPG Industries.
Via, formerly Via Varejo, is a Brazilian retail company founded in 2010 through the merger of retail companies Casas Bahia, owned by the Klein family, and Ponto, owned by Grupo Pão de Açúcar. Since June 2019, the Klein family own a controlling stake in Via Varejo.
Axalta Coating Systems, Ltd., also known as simply Axalta, is an American company specializing in coatings in a wide variety of industrial applications, materials and sectors, such as for example automotive paints. The company is based in Philadelphia, PA, and incorporated in Bermuda. Axalta develops and manufactures coatings for light and commercial vehicles, industrial, and refinish applications. The firm does business in 130 countries, has nearly 13,000 employees, and has more than 100,000 customers.
Jet.com was an American e-commerce company headquartered in Hoboken, New Jersey. The company was co-founded in 2014 by Marc Lore, along with Mike Hanrahan and Nate Faust. Jet.com raised $820 million over four venture rounds from GV, Goldman Sachs, Bain Capital Ventures, Accel Partners, Alibaba Group, and Fidelity. The website was formally launched in July 2015. In Fall 2016, it became a subsidiary of Walmart.
Allnex is a global producer of industrial coating resins and additives for architectural, industrial, protective, automotive and special purpose coatings and inks.
Pratt & Lambert is a brand of architectural and industrial paint founded in 1849. It has been owned by Sherwin-Williams since 1995.
 | Wikimedia Commons has media related to Comex Group . |
| People |  | |
|---|---|---|
| Products | ||
| Subsidiaries |
| |
| Buildings | ||
| Sponsorships | ||
| Related | ||