# Axalta completes purchase of Valspar's North American Industrial Wood Coatings business

Axalta Coating Systems completed the purchase of Valspar's North American Industrial Wood Coatings business for an estimated $420 million. The deal closed on June 1, 2017, contingent on Sherwin-Williams' acquisition of Valspar.

- Type: Acquisition
- Announced: 2017-06-02
- Where: High Point, North Carolina; Cornwall, Ontario, United States
- Value: $420.0M
- Status: completed
- 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)

## Sources

- [furnituretoday.com](https://www.furnituretoday.com/business-news/axalta-completes-purchases-valspar-north-american-industrial-wood-coatings-division/), 2017-06-02: "Global coatings resource Axalta Coating Systems said it has completed the purchase of Valspar’s North American Industrial Wood Coatings business."

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