Sherwin-Williams Gets Regulatory Approval to Finalize Valspar Acquisition

The Sherwin-Williams Company has announced it has received regulatory approval from the United States Federal Trade Commission  and the Canadian Competition Bureau to complete its acquisition of The Valspar Corporation.

The FTC and CCB were the only remaining regulatory approvals required to close the acquisition. Sherwin-Williams expects to close the acquisition on June 1, 2017, subject to customary closing conditions.

Sherwin-Williams and Valspar have highly complementary paints and coatings offerings and this combination enhances Sherwin-Williams position as a premier global paints and coatings provider.

The Sherwin-Williams Company is one of the global leaders in the manufacture, development, distribution, and sale of coatings and related products to professional, industrial, commercial, and retail customers. Valspar is one of the global leaders in the coatings industry providing customers with innovative, high-quality products and value-added services.