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Valspar completes acquisition of industrial coatings manufacturer in Europe

7:35 PM MDT | August 1, 2013 | Deepti Ramesh

Valspar says it has completed the previously announced acquisition of Inver Holding (Bologna, Italy), a leading industrial coatings manufacturer in Europe, for an undisclosed amount. Inver had sales of about €160 million ($211 million) in 2012, and the company specializes in liquid and powder coatings and resin products that are used in a variety of industrial applications including off-road equipment, auto and off-road parts, architectural aluminum windows, railways and trams, Valspar says. “We’re excited to welcome the Inver team into the...

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