# Axalta to acquire Valspar's North America wood coatings business for $420M

Axalta Coating Systems agreed to acquire Valspar's North American Industrial Wood Coatings business from Sherwin-Williams and Valspar for $420 million in cash, as part of regulatory approvals for Sherwin-Williams' acquisition of Valspar.

- Type: Acquisition
- Announced: 2017-04-13
- Where: North America, United States
- Value: $420.0M
- Status: announced
- Products: industrial wood coatings
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Axalta Coating Systems](https://endata.com/companies/19638.md) (acquirer)
- [Valspar](https://endata.com/companies/20621.md) (target)
- [Sherwin-Williams](https://endata.com/companies/23601.md) (partner)

## Sources

- [furnituretoday.com](https://www.furnituretoday.com/business-news/axalta-coating-systems-acquire-valspars-north-america-wood-coatings-business/), 2017-04-13: "We believe that Axalta is an excellent buyer for our North American Industrial Wood Coatings business and will provide great opportunities for our talented employees."
- [pcimag.com](https://www.pcimag.com/articles/103355-axalta-to-buy-valspars-north-american-industrial-wood-coatings-business), 2017-04-17: "This is an outstanding opportunity for Axalta to enter the large industrial wood coatings market with an industry-leading portfolio of products and customers."
- [adhesivesmag.com](https://www.adhesivesmag.com/articles/keyword/2546-acquisitions?page=54), 2017-04-17: "Axalta Coating Systems recently announced that it has entered into a definitive agreement to acquire the assets related to Valspar's North American Industrial Wood Coatings business."
- [pcimag.com](https://www.pcimag.com/articles/keyword/2065-acquisitions?page=32), 2017-05-08: "Axalta Coating Systems has entered into a definitive agreement with The Valspar Corp. and The Sherwin-Williams Co. to acquire the assets related to Valspar’s North American Industrial Wood Coatings business for $420 million in cash."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.