On the Record · Valspar
Valspar acquisitions, on the record
The businesses Valspar 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
| Business | Deal | When | Value |
|---|---|---|---|
Inver Holding S.r.l. (Inver Group)Word for word“On August 1, 2013 we purchased all the outstanding shares of Inver Holding S.r.l.” 10-K for 2014 | acquisition | On August 1, 2013 | — |
Ace Hardware Corporation's paint manufacturing business (Ace Paints)Word for word“On December 28, 2012, we purchased Ace Hardware Corporation’s paint manufacturing business (Ace Paints), including two manufacturing facilities near Chicago, IL for approximately $35,000.” 10-K for 2014 | acquisition | On December 28, 2012 | — |
non-strategic specialty product line in the Coatings segmentWord for word“In the first quarter of fiscal year 2015, we completed the divestiture of a non-strategic specialty product line in our Coatings segment.” 10-K for 2014 | divestiture | In the first quarter of fiscal year 2015 | — |
performance coating businesses of Quest Specialty Chemicals (Quest)Word for word“On June 1, 2015, we purchased the performance coating businesses of Quest Specialty Chemicals (Quest), which include automotive refinish, aerosol and related specialty paint products, for total consideration of approximately $350,000 .” 10-K for 2015 | agreed acquisition | On June 1, 2015 | approximately $350,000 |
non-strategic specialty product line in our Coatings segmentWord for word“We recorded a pre-tax gain on the sale of the product line of approximately $48,001 to income from operations.” 10-K for 2015 | agreed divestiture | — | approximately $48,001 |
paint manufacturing business of Ace Hardware Corporation (Ace paints)Word for word“including a positive impact of 4.9% from the fiscal year 2013 acquisitions of the Inver Group and the paint manufacturing business of Ace Hardware (Ace paints)” 10-K for 2015 | acquisition | — | — |
ISVA Vernici (ISVA)Word for word“On February 4, 2016, we purchased ISVA Vernici (ISVA), a European coil coatings manufacturer headquartered in Turin, Italy, for total consideration of approximately $23,000 .” 10-K for 2016 | acquisition | On February 4, 2016 | approximately $23,000 |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses | Goodwill from acquisitions |
|---|---|---|---|
| 2016-10-28 | $24.4 million | $0 | $11.8 million |
Deal filings since 2016
- 2017-06-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-06-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2016-03-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Valspar’s annual reports (10-K for 2016, 10-K for 2015, 10-K for 2014) and the financial data it files with the SEC, as of 2016-12-20. 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.