VALSPAR CORP
valaris.comNo Longer Reporting
The company has not filed an annual or quarterly report since its Q2 FY2017 10-Q, filed May 31, 2017. Its latest SEC filing is a 15-12B from Jun 12, 2017.
10-Q for Q2 FY2017, filed May 31, 2017
The sections below describe the company as of the FY2016 annual report.
What Did They Do?
Makes industrial and packaging coatings for manufacturers, and sells consumer paints and automotive refinish products through retailers, distributors and company-owned stores.
10-K for FY2016, filed Dec 20, 2016Our Coatings segment includes our industrial product lines and our packaging product line. We offer a broad range of decorative and…View ↗
Our packaging product line includes coatings for the interior and exterior of metal packaging containers, principally metal food containers…View ↗
Our Paints segment includes our consumer paints and automotive paint refinish product lines. We offer a wide variety of paints, primers…View ↗
Our automotive product line primarily includes refinish paints and body shop accessories sold through automotive refinish distributors…View ↗
Who Were Their Customers?
Industrial coatings go mainly to manufacturers; consumer paints reach buyers through retailers and dealers, while automotive refinish products are sold through distributors, automotive retailers and body shops.
10-K for FY2016, filed Dec 20, 2016Our Coatings segment includes our industrial product lines and our packaging product line. We offer a broad range of decorative and…View ↗
Our consumer paints product line comprises the largest part of our Paints segment. We offer a broad portfolio of interior and exterior…View ↗
Our automotive product line primarily includes refinish paints and body shop accessories sold through automotive refinish distributors…View ↗
10-K for FY2016, filed Dec 20, 2016
We have one significant customer in the Paints segment whose net sales were 12.3%, 14.4%, and 16.9% of total consolidated net sales in…View ↗
How Were They Changing?
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Jun 1, 2017
Sherwin-Williams acquired Valspar, which sold its North American industrial wood coatings business
Valspar became a wholly owned subsidiary; Axalta acquired the assets for $420 million, subject to customary adjustments.
Sources
8-K, filed Jun 1, 2017
Also as previously disclosed, on April 11, 2017, the Company entered into that certain Asset Purchase Agreement (as amended, the “Purchase…View ↗
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