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ICI Paints announces acquisition of service locations in California

Published on 2003-12-22. Author : SpecialChem

A worldwide leader in manufacturing and marketing respected paint and coating brands, ICI Paints, announced that its North American division has acquired eight architectural paint stores in the San Joaquin Valley from the Wilshire Paint Company of Fresno, California.

It is reported that the financial terms were not disclosed. The acquisition strengthens the position of ICI Paints in the area, thereby, allowing the company to serve the local professional paint market better through additional service locations.

It is reported that in California, ICI Paints now has 75 company-owned stores.

ICI Paints is part of the ICI Group which is one of the world's largest producers of specialty products and paints. It is reported that ICI Paints worldwide has 49 manufacturing sites in 25 countries and more than 15,000 employees. With its Headquarters in Cleveland, ICI Paints' North American operations produce decorative coatings brands such as Sinclair, Devoe, Dulux, Ralph Lauren, Glidden, Fuller-O'Brien, C-I-L paint, Color Your World and Liquid Nails caulks and adhesives. Their products are sold through national/retail outlets, company stores and independent dealers in the United States, Puerto Rico and Canada.

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