Sherwin-Williams to Acquire Valspar for $11.3B - Modern Distribution Management

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Sherwin-Williams to Acquire Valspar for $11.3B

Acquisition accelerates the company's growth strategy.
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The Sherwin-Williams Company (NYSE: SHW) has agreed to acquire The Valspar Corporation (NYSE: VAL) for $11.3 billion. 

The acquisition accelerates Sherwin-Williams growth strategy by expanding its global platform in Asia-Pacific and EMEA, and also adds new capabilities in the packaging and coil segments.

The combined company would have pro forma 2015 sales of $15.6 billion and 58,000 employees.

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