Valspar
| Company type | Subsidiary |
|---|---|
| NYSE: VAL | |
| Industry | Coatings |
| Founded | 1806, in Boston, Massachusetts |
| Founder |
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| Headquarters | Minneapolis, Minnesota |
Key people |
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| Products |
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| Revenue | US$4.191 billion (2016) |
| US$529.0 million (2016) | |
| US$353.0 million (2016) | |
| Total assets | US$4.315 billion (2016) |
| Total equity | US$1.113 billion (2016) |
Number of employees | 11,083 (2016) |
| Parent | Sherwin-Williams |
| Subsidiaries |
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| Website | www |
| Footnotes / references | |
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. 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.
On March 20, 2016, Sherwin-Williams announced its intention to pay $9.3 billion to acquire Valspar. The acquisition finalized on June 1, 2017.