M&A Deal Summary

The Valspar Acquires Teknos Nova Coil Oy

On September 4, 2007, The Valspar acquired chemicals company Teknos Nova Coil Oy from Teknos Group Oy

Acquisition Highlights
  • This is The Valspar’s 7th transaction in the Chemicals sector.
  • This is The Valspar’s 1st transaction in Finland.

M&A Deal Summary

Date 2007-09-04
Target Teknos Nova Coil Oy
Sector Chemicals
Buyer(s) The Valspar
Sellers(s) Teknos Group Oy
Deal Type Divestiture

Target

Teknos Nova Coil Oy

Helsinki, Finland
Teknos Nova Coil Oy is a manufacturer of high-performance coil coatings widely used in the construction industry.

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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 7 of 15
Sector: Chemicals M&A 7 of 15
Type: Divestiture M&A Deals 2 of 5
Country: Finland M&A 1 of 1
Year: 2007 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-12-01 H.B. Fuller Powder Coatings

Birmingham, United Kingdom

H.B. Fuller Powder Coatings,manufactures and supplies powder coatings serves customers in 26 countries from manufacturing facilities in the United States and the United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-09-21 Wattyl

Baulkham Hills, Australia

Wattyl Ltd. is a manufacturer of paint and coatings with a strong retail network across Australia and New Zealand.

Buy AU$142M

Seller(S) 1

SELLER

Teknos Group Oy

Helsinki,, Finland

Category Company
Founded 1948
Sector Chemicals
DESCRIPTION

Teknos Group Oy engages in the manufactures and supplies paints and coatings for manufacturers in the United Kingdom, Scotland, and Ireland.


DEAL STATS #
Overall 1 of 1
Sector: Chemicals M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Finland M&A 1 of 1
Year: 2007 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-31 OOO Trading Company Massco

Russia

OOO Trading Company Massco is an industrial coating company, which supplies coatings for metal industry under the trademark of Massco.

Buy -