M&A Deal Summary

True Value Acquires Yenkin-Majestic - Consumer Paint Business

On March 14, 2022, True Value acquired chemicals company Yenkin-Majestic - Consumer Paint Business from Yenkin-Majestic

Acquisition Highlights
  • This is True Value’s 1st transaction in the Chemicals sector.
  • This is True Value’s 1st transaction in the United States.
  • This is True Value’s 1st transaction in Ohio.

M&A Deal Summary
Date 2022-03-14
Target Yenkin-Majestic - Consumer Paint Business
Sector Chemicals
Buyer(s) True Value
Sellers(s) Yenkin-Majestic
Deal Type Divestiture

Target

Yenkin-Majestic - Consumer Paint Business

Columbus, Ohio, United States
Yenkin-Majestic's Consumer Paint Business provides consumer paint, producing architectural coatings for home, agricultural, and specialty applications.

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Buyer(S) 1

Buyer

True Value

Chicago, Illinois, United States
Category Company
Founded 1948
Sector Retail
Employees2,800
DESCRIPTION

True Value is an independent hardware retailer and cooperative with locations across the US. True Value was founded in 1948 and is based in Chicago, Illinois.

DEAL STATS #
Overall 1 of 2
Sector (Chemicals) 1 of 1
Type (Divestiture) 1 of 2
State (Ohio) 1 of 1
Country (United States) 1 of 2
Year (2022) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-01 Agway Farm & Home Supply - Brand Trademark Rights

Richmond, Virginia, United States

Agway Farm & Home Supply's Brand Trademark Rights is a provider of distribution services.

Buy -

Seller(S) 1

SELLER

Yenkin-Majestic

Columbus, Ohio, United States
Category Company
Founded 1920
Sector Chemicals
DESCRIPTION

Yenkin-Majestic is a provider of coatings resins and is the owner of OPC Polymers, which serves the paint industry through continuous innovation in its broad portfolio of alkyd, copolymer, and specialty resins. Yenkin-Majestic was founded in 1920 and is based in Columbus, Ohio.

DEAL STATS #
Overall 1 of 2
Sector (Chemicals) 1 of 2
Type (Divestiture) 1 of 2
State (Ohio) 1 of 2
Country (United States) 1 of 2
Year (2022) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-12 Yenkin-Majestic - Industrial Paint Business

Columbus, Ohio, United States

Yenkin-Majestic's Industrial Paint Business produces coatings for the OEM market.

Sell -
Mergr

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