United States.
Valspar Corporation announced that at the Company's Special Shareholders' Meeting, Valspar shareholders voted to approve The Sherwin-Williams' proposed acquisition of the firm.
The transaction is expected to close by the end of the first quarter of calendar year 2017, and is subject to customary closing conditions, including the expiration or termination of the applicable waiting period under the U.S. Hart-Scott-Rodino Antitrust Act and regulatory approvals in other jurisdictions.
Valspar is a global coatings company with 11,100 employees worldwide and offering advanced coating solutions to customers in more than 100 countries. Valspar offers products for the construction, industrial, packaging and transport markets. It was founded in 1806, and is headquartered in Minneapolis.
