Valspar takes 80% slice of major Chinese coatings company pie

July 2006
ICIS Chemical Business;7/3/2006, Vol. 1 Issue 26, p14
Trade Publication
The article reports on the move of Valspar to purchase an 80% stake in Huarun Paints, one of China's largest independent coatings companies. Huarun Paints is one of Chinas leading suppliers of wood and furniture coatings, and is a growing supplier of architectural coatings. Analysts hailed the move, which will expand Valspar's coatings business in China, and edge the US company into the architectural paints market in the region.


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