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Sherwin Williams And Valspar Merger Agreement

CLEVELAND, June 1, 2017 /PRNewswire/ — Sherwin-Williams (NYSE: SHW) announced today that it has completed the acquisition of Valspar Corporation (NYSE: VAL). Under the merger agreement, Valspar shareholders will receive $113 $US per share in cash. As part of the closing of the transaction, Valspar`s common stock suspended trading prior to the opening of the market today and is listed on the New York Stock Exchange. CLEVELAND, OH – June 1, 2017 – The Sherwin-Williams Company (NYSE: SHW) announced today that it has completed the acquisition of Valspar Corporation (NYSE: VAL). Under the merger agreement, the FTC, which valued the deal at $11.3 billion, said the sale of assets was necessary, given that only three companies currently manufacture wood stains and sealants. A merger of two of them, Sherwin-Williams and Valspar, could lead to higher commodity prices. Investor und Medienkontakt: Bill Seymour Vice President, Investor Relations, Communications and Finance (612) 656-1328 william.seymour@valspar.com About Sherwin-Williams Founded in 1866, The Sherwin-Williams Company is a global leader in paints, coatings and related products to professional, industrial, commercial and retail customers. The company manufactures products under well-known brands such as Sherwin-Williams®, Valspar®, HGTV HOME® Sherwin-Williams, Dutch Boy®, Krylon®, Minwax®, Thompson®® Water Seal®, Cabot® and many others. With its global headquarters in Cleveland, Ohio, Sherwin-Williams® branded products are sold exclusively through a chain of more than 4,100 company-operated stores and establishments, while the company`s other brands are sold through large mass distributors, home centers, independent varnish distributors, construction markets, automotive retailers and industrial distributors. The Sherwin-Williams Performance Coatings Group offers a wide range of sophisticated solutions for the construction, industrial, packaging and transportation markets in more than 120 countries around the world.

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