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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]
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
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]
These are the trending colors paint companies have crowned as the It hue for the year ahead. ... Valspar’s named shade, Encore, is a rich, saturated jewel ... HGTV Home by Sherwin-Williams ...
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In 1991 the company was split up with Sherwin-Williams, Valspar and in 1982 Davis Paints acquired a license agreement to manufacture certain Architectural Coatings in Kansas CIty. [1] Some paints are still sold under this license agreement under the Cook brand by Davis Paint in Kansas City.