Industry News, Ink Manufacturers News, Mergers and Acquisitions

The Sherwin-Williams Company to Acquire Valspar for $11.3 Billion

Sherwin-Williams and Valspar have highly complementary paints and coatings offerings.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

The Sherwin-Williams Company and The Valspar Corporation have entered into a definitive agreement under which Sherwin-Williams will acquire Valspar for $113 per share in an all-cash transaction, or an enterprise value of approximately $11.3 billion. At $113 per share, the transaction, which has been unanimously approved by the Boards of Directors of both companies, represents a premium of approximately 41% to Valspar’s volume weighted average price for the 30 days up to and including March 18, 2...

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