Wednesday, June 21, 2017

Update on Finish Company Consolidations

I’ve reported previously on Sherwin-Williams buying Valspar and PPG’s attempt to buy AkzoNobel, which would combine the two largest coatings suppliers in the world. To complete the purchase of Valspar by Sherwin-Williams, Valspar was required to spin off its wood coatings division to Axalta, which it did. (I had never heard of Axalta before, but it is a large company headquartered in Philadelphia with lots of coatings divisions.) The sale […]

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from Flexner on Finishing Blog – Popular Woodworking Magazine

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