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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. [citation needed] On March 20, 2016, Sherwin-Williams announced its intention to pay $9.3 billion to acquire Valspar. [5] The acquisition finalized on June 1, 2017. [6]
On July 6, 2011, Sherwin-Williams acquired Leighs Paints, based in Bolton UK, manufacturers of intumescent and high performance industrial coatings. [22] On June 4, 2012, Sherwin-Williams acquired Geocel Holdings Corp for an undisclosed amount. [23] Sherwin-Williams acquired the Valspar Corporation on March 20, 2016, for $11.3 billion. [24]
Sherwin-Williams said the deal had 'an enterprise value of about $11.3 billion.' A company spokesman was not immediately able to elaborate. Sherwin-Williams paint company to buy Valspar for $8.9B
Glidden is an American paint brand, manufactured by PPG Industries.. Glidden was purchased by British conglomerate ICI in 1986, which in turn was later acquired by Dutch conglomerate AkzoNobel in 2008.
Wattyl was listed on the Australian Stock Exchange (ASX) from 1959, until it was delisted on 22 September 2010 when all the Company's shares were acquired by Valspar. Sherwin-Williams acquired Valspar in 2016, [2] and sold the Wattyl business to Hempel Group in 2021. [3] As of 25 May 2010 Wattyl employed over 1500 people in Australia and New ...
Valspar has traded for an average of 19 times earnings since 1980 -- not much different from the 21 times earnings of the broader S&P 500. Through it all, shares have been impressive outperformers ...
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