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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
Sherwin-Williams (SHW) should benefit from synergies of the Valspar acquisition and cost-reduction initiatives amid raw material cost pressure. Sherwin-Williams to be Aided by Valspar Buyout, Cost ...
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]
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RPM International Inc. is an American multinational company with subsidiaries that manufacture and market specialty coatings, sealants and building materials.Industrial brands include Tremco, Carboline, Universal Sealants, Stonhard, RPM/Belgium, Euco, Day-Glo and Dryvit.
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