Axalta Coating Systems Completes Acquisition of Valspar's North American Industrial Wood Coatings Business. ... The acquired business had net sales of approximately $225 million in 2016.

Who is Valspar owned by?

(Reuters) - The Sherwin-Williams Co SHW. N has agreed to acquire rival U.S. paint company Valspar Corp VAL. N, the companies said on Sunday, in an all-cash deal valued at about $9.3 billion.

Does Sherwin-Williams own Axalta?

CLEVELAND, June 1, 2017 /PRNewswire/ -- The Sherwin-Williams Company (NYSE: SHW) today announced that it has completed its divestiture of the assets related to Valspar's North American Industrial Wood Coatings business to Axalta Coatings Systems (NYSE: AXTA) for $420 million in cash.