Valspar is owned by Sherwin-Williams (the United States, NYSE: SHW), which acquired the brand on 1 June 2017.[1][2] Valspar was founded in 1806 in the United States and was independent until 2017.
Valspar traces to a Boston paint business founded in 1806 and became the paint sold through Lowe's home improvement stores. Sherwin-Williams acquired it in 2017 for $11.3 billion, requiring divestitures to satisfy competition regulators. The buyer sold part of the industrial coatings business to secure clearance from American and European authorities.
Sherwin-Williams acquired Valspar for about $11.3 billion, requiring divestitures to satisfy competition regulators. Valspar traces to a Boston paint business founded in 1806 and was the paint sold through Lowe's, a rival retailer to the buyer's own stores.