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Purchase expands presence in the $6 billion European industrial coatings market
June 4, 2013
By: DAVID SAVASTANO
Editor, Ink World Magazine
The Valspar Corporation announced a definitive agreement to acquire Inver Holding S.r.l. (Inver Group), a leading industrial coatings manufacturer in Europe. The transaction is expected to close in the fiscal fourth quarter, subject to regulatory approval and customary closing conditions. Financial terms were not disclosed. Inver Group is headquartered in Bologna, Italy and generated sales in 2012 of approximately €160 million ($200 million). Founded in 1934, the company specializes in liqui...
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