Valspar completes Wattyl acquisition

Minneapolis-based Valspar announced it has completed apreviously announced acquisition of Australian paint manufacturer Wattyl.

 

Valspar acquired all of Wattyl’s outstanding shares for approximately A$142 million (US$138.3 million) and assumed existing debt. Wattyl had 2009 sales of A$381.4 million (US$371.6 million).