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On July 6, 2011, Sherwin-Williams acquired Leighs Paints, based in Bolton UK, manufacturers of intumescent and high performance industrial coatings. [21] On June 4, 2012, Sherwin-Williams acquired Geocel Holdings Corp for an undisclosed amount. [22] Sherwin-Williams acquired the Valspar Corporation on March 20, 2016, for $11.3 billion. [23]
Sherwin-Williams will join the Dow Jones Industrial Average on November 8. Sherwin-Williams has a market cap of $90.15 billion. Here's everything to know about the paint company.
PPG expanded quickly. By 1900, known as the "Glass Trust", it included 10 plants, had a 65 percent share of the U.S. plate glass market, and had become the nation's second largest producer of paint. [4] Today, known as PPG Industries, the company is a multibillion-dollar, Fortune 500 corporation with 150 manufacturing locations around the world.
The Sherwin-Williams Headquarters is a 36-story office tower under construction in Downtown Cleveland, Ohio. At 616 ft (188 m), it is the 4th tallest building in Cleveland, and the 6th tallest building in Ohio. [1] When completed, it will be the global headquarters of Sherwin-Williams, the largest paint and coating company in the world. [2]
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. PPG Industries announced an agreement to acquire Glidden from AkzoNobel for $1.05 billion on December 14, 2012. The transaction closed April 1 ...
Pratt & Lambert is a brand of architectural and industrial paint founded in 1849. It has been owned by Sherwin-Williams since 1995. The Pratt & Lambert company started in Buffalo, New York in 1849 as a maker of a drying agent for linseed oil paint. It was listed on the American Stock Exchange in 1905.
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]
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