M&A Deal Summary

The Valspar Acquires Lilly Industries

On December 20, 2000, The Valspar acquired chemicals company Lilly Industries for 975M USD

Acquisition Highlights
  • This is The Valspar’s 2nd transaction in the Chemicals sector.
  • This is The Valspar’s largest (disclosed) transaction.
  • This is The Valspar’s 2nd transaction in the United States.
  • This is The Valspar’s 1st transaction in Indiana.

M&A Deal Summary
Date 2000-12-20
Target Lilly Industries
Sector Chemicals
Buyer(s) The Valspar
Deal Type Add-on Acquisition
Deal Value 975M USD

Target

Lilly Industries

Indianapolis, Indiana, United States
Lilly Industries, Inc. is a manufacturer of industrial coatings and specialty chemical products. Its products include wood coatings for furniture, building products and kitchen cabinets, metal coatings for building products, appliances and agricultural and construction equipment and composites and glass coatings for the marine, transportation and global mirror industries.

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Buyer(S) 1

Buyer

The Valspar

Minneapolis, Minnesota, United States
Category Company
Founded 1806
Sector Chemicals
Employees11,130
Revenue 4.4B USD (2015)
DESCRIPTION
Science and technology building on Valspar's corporate campus in downtown Minneapolis, Minnesota.
Science and technology building on Valspar's corporate campus in downtown Minneapolis, Minnesota.

The Valspar Corp. is a provider of paints and coatings products for the consumer market as well as highly-engineered coating products and solutions for the construction, industrial, packaging and transportation markets. Valspar was formed in 1806 and is headquartered in Minneapolis, Minnesota.

DEAL STATS #
Overall 2 of 15
Sector (Chemicals) 2 of 14
Type (Add-on Acquisition) 2 of 9
State (Indiana) 1 of 1
Country (United States) 2 of 6
Year (2000) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1998-04-15 Plasti-Kote

Medina, Ohio, United States

Plasti-Kote Co., Inc. is a manufacturer of consumer aerosol and specialty paint products.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-01-15 De Beer Lakfabrieken B.V.

Lelystad, Netherlands

De Beer Lakfabrieken B.V. is a manufacturer and distributor of automotive refinish coatings.

Buy -
Mergr

Product

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