Valspar

The Valspar Corporation
Company typeSubsidiary
NYSE: VAL
IndustryCoatings
FoundedBoston, Massachusetts
(1806; 218 years ago (1806))
FounderSamuel Tuck
Lawson Valentine
Henry Valentine
HeadquartersMinneapolis, Minnesota
Key people
Gary Hendrickson (President, Chief executive officer)
James Muehlbauer (Chief financial officer, Chief administrative officer)
ProductsPaint
Varnish
RevenueDecreaseUS$4.191 billion (2016)[1]
DecreaseUS$529.0 million (2016)[1]
DecreaseUS$353.0 million (2016)[1]
Total assetsDecreaseUS$4.315 billion (2016)[1]
Total equityIncreaseUS$1.113 billion (2016)[1]
Number of employees
11,083 (2016)[1]
ParentSherwin-Williams
SubsidiariesHouse of Kolor
Huarun Paints
Plasti-kote
Cabot Stains
Websitehttps://www.valspar.com/
Footnotes / references
[2][3]

The Valspar Corporation is an American manufacturer of paint and coatings based in Minneapolis, Minnesota. With over 11,000 employees in 26 countries and a company history that spans two centuries, it was the sixth largest paint and coating corporation in the world.[4] 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]

  1. ^ a b c d e f "Symbol Lookup from Yahoo! Finance". finance.yahoo.com.
  2. ^ "The Valspar Corporation". Google Finance. Archived from the original on July 11, 2012. Retrieved November 5, 2008.
  3. ^ "Our History". The Valspar Corporation. Retrieved November 5, 2008.
  4. ^ Merrill Lynch, November 25, 2008
  5. ^ DiSavino, Scott (20 March 2016). "Sherwin-Williams paint company to buy Valspar for $9.3 billion". Reuters. Retrieved 4 August 2018.
  6. ^ "Sherwin-Williams Completes Acquisition Of Valspar, Creates The Global Leader In Paint And Coatings". PR Newswire (Press release). Retrieved 4 August 2018.