Industry News

Valspar Completes Wattyl Acquisition

Published on 2010-09-22. Author : SpecialChem

MINNEAPOLIS -- The Valspar Corporation announced that it has completed the previously announced acquisition of Australian paint manufacturer Wattyl Limited. Under terms of the transaction, Valspar acquired all outstanding Wattyl shares for approximately A$142 million and assumed existing debt. Wattyl had 2009 sales of A$381.4 million.

About Valspar Corporation:

The Valspar Corporation is a global leader in the paint and coatings industry. Since 1806, Valspar has been dedicated to bringing customers the latest innovations, the finest quality and the best customer service in the coatings industry.

Source: Valspar Corporation

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