Valspar
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.
| Company type | Subsidiary |
|---|---|
| Industry | Coatings |
| Founded | Boston, Massachusetts (1806) |
| Founder | Samuel Tuck Lawson Valentine Henry Valentine |
| Headquarters | Minneapolis, Minnesota |
Key people | Gary Hendrickson (President, Chief executive officer) James Muehlbauer (Chief financial officer, Chief administrative officer) |
| Products | Paint Varnish |
| 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 | House of Kolor Huarun Paints Plasti-kote Cabot Stains |
| Website | https://www.valspar.com/ |
| Footnotes / references | |
On March 20, 2016, Sherwin-Williams announced its intention to pay $9.3 billion to acquire Valspar. The acquisition finalized on June 1, 2017.
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