A global housing market rebound is fueling speculation that paint giant Valspar could be ripe for a merger, say reports, as the world’s paint industry remains fragmented.
According to experts, a Valspar acquisition would give an edge to larger rivals Sherwin-Williams or PPG Industries to increase its presence in the US and elsewhere; reports say Australia could also benefit from a Valspar deal as its housing industry is similarly bouncing back from financial struggles.
Northcoast Research Holdings reportedly predicted hikes in paint sales as interest rates remain low but house costs slowly rise. Reports say Valspar is boosting its sales in the next three years faster than 91 percent of the rest of the specialty chemicals industry,.
Valspar declined to comment on the matter.
Full Content: Bloomberg
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Judge Mehta Questions Both Sides in Landmark Google Antitrust Case
May 2, 2024 by
CPI
FCC Urges Urgent Funding for Removal of Chinese Telecom Equipment from U.S. Networks
May 2, 2024 by
CPI
Former Pioneer CEO Facing Potential Criminal Charges For Colluding With OPEC
May 2, 2024 by
CPI
South Korea’s Antitrust Regulator Greenlights K-Pop Powerhouse Deal
May 2, 2024 by
CPI
Exxon’s Pioneer Purchase Approved, Former CEO Barred from Board
May 2, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI