IHS Chemical Week

People & Business :: M&A

Valspar signs paints deal with Ace Hardware, including acquisition of manufacturing assets

9:04 AM MST | January 3, 2013 | Lindsay Frost

Valspar has signed a supply relationship with Ace Hardware (Chicago) under which Valspar will manufacture and supply Ace-brand paint products as well as its own Valspar-branded paints to more than 4,000 Ace retail locations in the United States. Valspar will also acquire Ace’s paint manufacturing assets, including two manufacturing facilities in the Chicago area. “Our agreement with Ace extends the Valspar brand while further strengthening and diversifying Valspar’s portfolio of industry-leading consumer paints in the North American...

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