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Valspar Closes $142 Million Deal for Wattyl

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By: KERRY PIANOFORTE

Editor, Coatings World, Coatings World

Valspar closed its $142 million acquisition of Australian paint manufacturer Wattyl Ltd. Valspar announced the deal in June as part of a broader expansion in the Asia-Pacific region. Wattyl, which brought in revenue of about $380 million last year, distributes paint through home improvement and hardware outlets as well as a network of 140 company-owned stores.

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