PaintSquare.com


The First Word in Protective & Marine Coatings

A Product of Technology Publishing / PaintSquare
JPCL | PaintSquare News | Durability + Design | Paint BidTracker

Free Download of

Paint and Coatings Industry News

Main News Page


Valspar to Acquire Australia’s Wattyl Ltd.

Monday, June 28, 2010

Comment | More

The Valspar Corp. has announced plans to acquire Australian paint manufacturer Wattyl Ltd., a major supplier of products for consumer and professional paint and coatings products in Australia.

Wattyl distributes its paint brands to retail customers through home-improvement centers and hardware outlets and to trade customers through a network of 140 company-owned stores. The company had 2009 sales of $381.4 million (Australian), or approximately $333.03 million U.S.

Valspar says it will acquire all outstanding Wattyl shares for approximately A$142 million (U.S. $124 million) and assume existing debt. The transaction is subject to approval by Wattyl shareholders and regulatory authorities.

“Wattyl is a market leader with excellent brands, high-quality products and broad distribution across all channels throughout Australia and New Zealand,” said William L. Mansfield, Valspar chairman and CEO. “This latest acquisition builds on our increasing presence in the Asia-Pacific region and presents an outstanding opportunity for growth.”

Wattyl’s paint and coatings brands include the Interior Design i.d., Solagard, , Aquatrim, Weathergard, Estapol, Granosite, Killrust, and Solver Paints labels.

   

Tagged categories: Acquisitions; Coatings manufacturers; Mergers; Valspar; Wattyl Limited

Comment Join the Conversation:

Sign in to our community to add your comments.

Wasser High-Tech Coatings Inc.
Wasser Coatings Protect

some of the most important bridges in the country; learn about our NEPCOAT-approved system and our entire range of MCU & Polyurea coatings. 1-800-627-2968 www.wassercoatings.com


Carboline Company
Hyrdrocarbon Fire & Jet Fire Protection

Pyroclad X1 is the latest breakthrough in epoxy based intumescent fireproofing technology


Polyval Coatings
Polyflex® Polyurea Linings

exhibit outstanding versatility in use; providing abrasion resistance, superior seamless waterproofing and high-chem corrosion protection. www.polyflexlinings.com


Hempel (USA) Inc.
HEMPEL PROTECTIVE COATINGS

Efficient systems and high quality products to reduce your maintenance costs. Visit Hempel Protective for more information.


CESCO
AQUA MISER

• Ultra high pressure water blaster • 40,000 PSI stripping and cleaning power CESCO is the leader in environmentally sound cleaning and stripping technologies. See our YouTube videos
Contact us: 888-772-3726
Aquamiser.com
BlastandPaint.com


Montipower, Inc.
The MBX Bristle Blaster

Get a 2.7 to 3.3 mil profile and a Near White Metal Clean. For info visit www.mbxit.com or call 877 629-8777


SAFE Systems, Inc.
Portable Dust Collectors for Tough Environments

Trailer and skid-mounted models in numerous sizes, powered by electric and/or diesel. Sloped roofs, multiple dust inlets, high static, dampered fans. Lockable power & drive compartments.

 
 
 
Technology Publishing

The Technology Publishing Network

The Journal of Protective Coatings & Linings (JPCL) PaintSquare
Durability + Design Paint BidTracker JPCL Europe

 
EXPLORE:      JPCL   |   PaintSquare News   |   Interact   |   Buying Guides   |   Webinars   |   Resources   |   Classifieds
REGISTER AND SUBSCRIBE:      Free PaintSquare Registration   |   Subscribe to JPCL   |   Subscribe to PaintSquare News
MORE:      About PaintSquare.com   |   Privacy policy   |   Terms & conditions   |   Site Map   |   Search   |   Contact Us
 

© Copyright 2000-2014, Technology Publishing / PaintSquare, All rights reserved
2100 Wharton Street, Suite 310, Pittsburgh PA 15203-1951; Tel 1-412-431-8300; Fax 1-412-431-5428; E-mail webmaster@paintsquare.com