Stratrix
On the Record · Valhi

Valhi acquisitions, on the record

The businesses Valhi bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Basic Water Company (BWC) assets
Word for word“2023 – In November, upon the Bankruptcy Court’s approval of BWC’s plan of reorganization, BWC sold substantially all of its assets.” 10-K for 2023
divestiture——
Basic Power Company (BPC)
Word for word“In December BMI sold Basic Power Company.” 10-K for 2023
divestiture——
Basic Power Company (BPC) and sewer system assets
Word for word“On December 1, 2023, BMI sold its subsidiary BPC, which provides electricity to four customers located in the industrial park, and its sewer system assets to another of its industrial customers.” 10-K for 2023
divestitureOn December 1, 2023—
CompX furniture components business
Word for word“2012 – In December CompX completes the sale of its furniture components business;” 10-K for 2023
divestiture——
Basic Management, Inc. and The LandWell Company (additional ownership interest)
Word for word“2013 – In December we purchased an additional ownership interest in and became the majority owner of Basic Management, Inc. and The LandWell Company;” 10-K for 2023
acquisition——
Louisiana Pigment Company, L.P. (remaining 50% joint venture interest held by Venator Investments, Ltd.)
Word for word“Effective July 16, 2024 (“Acquisition Date”), Kronos acquired the 50% joint venture interest in Louisiana Pigment Company, L.P. (“LPC”) held by Venator Investments, Ltd. (“Venator”) for consideration of $185 million less a working capital adjustment.” 10-K for 2024
acquisitionJuly 16, 2024$185 million
Basic Power Company (BPC), sold by BMI
Word for word“On December 1, 2023, BMI sold its subsidiary BPC, which provided electricity to four customers located in the industrial park, and its sewer system assets to another of its industrial customers.” 10-K for 2024
divestitureDecember 1, 2023—
Louisiana Pigment Company, L.P. (50% joint venture interest held by Venator Investments, Ltd.)
Word for word“Effective July 16, 2024 (“Acquisition Date”), Kronos acquired the 50% joint venture interest in LPC held by Venator for consideration of $185 million less a working capital adjustment.” 10-K for 2025
acquisitionEffective July 16, 2024$185 million less a working capital adjustment
Louisiana Pigment Company, L.P. (LPC)
Word for word“In 2025, Kronos merged LPC into Kronos’ wholly-owned subsidiary Kronos Louisiana, Inc.” 10-K for 2025
mergerIn 2025—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Goodwill from acquisitions
2024-12-31$156.8 million$2.6 million

Deal filings since 2016

Read from Valhi’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-03-10. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.