Who Owns Valspar?
Valspar is a premium paint brand owned by The Sherwin-Williams Company (NYSE: SHW), acquired in the $11.3 billion 2017 merger that made Sherwin-Williams the world's largest paint company. The brand traces to 1806 and is sold primarily through Lowe's, independent dealers, and hardware retailers in North America and internationally.
Parent Company
Acquired
2017
Status
Publicly Traded
Headquarters
Valspar Timeline
Who Owns Valspar?
- Parent Company: The Sherwin-Williams Company
- Ownership Type: Subsidiary
- Acquisition Year: 2017
- Company Type: Publicly Traded
- Stock Ticker: NYSE: SHW
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Valspar | The Sherwin-Williams Company | Subsidiary |
Where to Buy
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Valspar on AmazonHistory of Valspar
- Founded: 1806
- Founders: Samuel Tuck
- Acquired by The Sherwin-Williams Company: 2017
The Valspar lineage traces to 1806, when Samuel Tuck opened a Boston varnish business that evolved through mergers into Valentine & Company, a leading varnish maker. The Valspar name appeared in 1903 when Valentine introduced a varnish advertised as a rival to "spar" marine varnishes.
The modern Valspar Corporation formed in 1970 through the merger of Valentine with the Minnesota Paints company (founded 1909 in Minneapolis). Headquartered in Minneapolis, Valspar grew into a major North American coatings company through the late twentieth century, expanding into packaging, industrial, and automotive coatings.
Valspar made significant acquisitions including Guardsman (2002), Australian paint maker Wattyl (2010), Huarun Paints in China, and the Cabot stain business (2005). Its 2015 partnership with Lowe's made Valspar the retailer's primary paint brand, replacing much of the Sherwin-Williams products that Lowe's had previously carried.
In March 2016, Sherwin-Williams announced it would acquire Valspar for $11.3 billion in cash, one of the largest coatings industry deals. The merger closed June 1, 2017, after antitrust review, creating the world's largest paint company and bringing Valspar, Cabot, and other brands under Sherwin-Williams ownership.
Under Sherwin-Williams, Valspar remains the anchor paint brand at Lowe's, covering interior and exterior paints under sub-lines including Valspar Signature, Reserve, and Ultra, alongside stains and primers.
About The Sherwin-Williams Company
Who owns Valspar paint?
Valspar is owned by Sherwin-Williams, which acquired Valspar Corporation in 2017 for approximately $11.3 billion. Valspar is sold through Lowe's stores in the United States under an exclusive retail partnership. The Valspar brand also includes industrial coatings businesses that serve packaging, coil, and wood coating markets globally.
Is Sherwin-Williams publicly traded?
Yes. Sherwin-Williams trades on the New York Stock Exchange under ticker SHW. The company is a component of the S&P 500 and has a market capitalization of approximately $60 billion as of mid-2026. No controlling shareholder exists, with ownership distributed among institutional investors including Vanguard Group, BlackRock, and State Street Global Advisors.
Who owns Dutch Boy paint?
Dutch Boy is owned by Sherwin-Williams. The brand dates to 1907 and is positioned in the value and mid-market segments of architectural paint. Dutch Boy products are sold through mass retail channels including hardware stores and home improvement centers.
Who owns Krylon spray paint?
Krylon is owned by Sherwin-Williams. Krylon is the leading spray paint brand in the United States and competes with RPM International's Rust-Oleum in the protective coatings and spray paint segment. Krylon products are sold through hardware stores, home improvement centers, and mass retailers.
What is Sherwin-Williams' revenue?
Sherwin-Williams reported consolidated net sales of $23.7 billion for FY2025, an increase from $23.1 billion in FY2024. Diluted net income per share was $11.13 for FY2025. The Paint Stores Group generated $15.3 billion in net sales, the Consumer Brands Group generated $5.8 billion, and the Global Performance Group generated $2.7 billion.
How many Sherwin-Williams stores are there?
Sherwin-Williams operates approximately 4,900 company-owned paint stores across the United States, Canada, and other markets. This network is the largest company-owned paint retail operation in the world and is the primary distribution channel for the Sherwin-Williams branded product line. The company continues to open new stores in high-growth markets.
- Founded: 1866
- Headquarters: Cleveland, Ohio, USA
- Company Type: Publicly Traded
- Stock: NYSE: SHW
- Revenue: $23.7B (FY2025)
- Employees: ~64,000
Where Is Valspar Made / Based?
- Headquarters: Cleveland, Ohio, USA
- Manufacturing / Operations: United States, Canada, United Kingdom, China
Valspar Categories & Tags
Valspar Sustainability & Ethics
Valspar operates under The Sherwin-Williams Company's sustainability platform, which includes low-VOC formulations across the brand's product lines and the parent's emissions reduction targets. Valspar Reserve and Ultra lines are marketed around low odor and low emissions.
Valspar's UK operations participate in the British Coatings Federation sustainability programs. The brand holds no independent certification beyond parent-level commitments.
Brands Owned by The Sherwin-Williams Company
Household Consumer GoodsCabot
Owned by The Sherwin-Williams Company
Premium exterior wood stain brand founded in 1877, acquired by Sherwin-Williams through the 2017 Valspar merger.
wood-stainexterior-staindeck-stain
Household Consumer GoodsDutch Boy
Owned by The Sherwin-Williams Company
Consumer paint brand founded in 1907, owned by Sherwin-Williams and sold primarily through Walmart, Menards, and independent retailers.
painthome-improvementconsumer-goods
Household Consumer GoodsKrylon
Owned by The Sherwin-Williams Company
Aerosol spray paint brand founded in 1947, owned by Sherwin-Williams and the market leader in consumer spray paint.
spray-paintaerosoldiy
Household Consumer GoodsMinwax
Owned by The Sherwin-Williams Company
Wood finishing brand founded in 1904, owned by Sherwin-Williams and the leading consumer wood stain brand in North America.
wood-stainwood-finishinghome-improvement
Household Consumer GoodsSherwin-Williams
Owned by The Sherwin-Williams Company
Flagship paint and coatings brand of The Sherwin-Williams Company, founded in 1866 and sold through approximately 4,900 company-operated stores.
paintcoatingshome-improvement
Valspar Ownership: Pros & Cons
Advantages
- +Lowe's exclusive relationship provides national retail distribution
- +Sherwin-Williams R&D and manufacturing behind the products
- +Valspar Championship sponsorship raises consumer awareness
- +Two-channel strategy avoids cannibalizing flagship stores
- +Established color technology and matching systems
Considerations
- -Perceived as lower-tier than flagship Sherwin-Williams by pros
- -Dependent on Lowe's partnership for primary distribution
- -Competes in the same retail aisle as strong Behr positioning at Home Depot
- -Brand identity less distinct than flagship since merger
- -Paint is a mature category with limited differentiation
Frequently Asked Questions About Valspar
Sources & Further Reading
Competitors to Valspar
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Masco | USA | 1947 | Premium | United states | All-ages | |
| Sherwin Williams | USA | 1866 | Market leader | United states | All Genders | |
| Sherwin Williams | USA | 1907 | Mass market | United states | All Genders |
Learn More About Competitors
Household Consumer GoodsBehr
Owned by Masco Corporation
American premium interior and exterior paint and coatings brand owned by Masco Corporation.
paintcoatingsinterior-paint
Household Consumer GoodsSherwin-Williams
Owned by The Sherwin-Williams Company
Flagship paint and coatings brand of The Sherwin-Williams Company, founded in 1866 and sold through approximately 4,900 company-operated stores.
paintcoatingshome-improvement
Household Consumer GoodsDutch Boy
Owned by The Sherwin-Williams Company
Consumer paint brand founded in 1907, owned by Sherwin-Williams and sold primarily through Walmart, Menards, and independent retailers.
painthome-improvementconsumer-goods
Competitive Analysis
Market Positioning: Valspar competes with 3 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
Independent Alternatives to Valspar
Looking for brands with different ownership structures? These similar brands are not owned by The Sherwin-Williams Company, giving you alternative choices that support different corporate structures.
Household Consumer GoodsBetter Homes & Gardens
Owned by Dotdash Meredith (IAC)
Licensed home goods brand available exclusively at Walmart, offering stylish furniture, decor, kitchenware, and garden products inspired by the iconic lifestyle magazine.
home-decorfurniturekitchenware
Privately Owned
Better Homes & Gardens is privately owned, unlike Valspar which is under a publicly traded parent company.
Household Consumer GoodsEcolab
Owned by Ecolab Inc.
Flagship water, hygiene, and infection prevention brand of Ecolab Inc., serving institutional customers across food service, healthcare, and hospitality in more than 170 countries.
cleaningsanitationhygiene
Publicly Traded
Ecolab operates independently without a large parent corporation.
Household Consumer GoodsKraftMaid
Owned by Cabinetworks Group
American semi-custom cabinetry brand owned by Cabinetworks Group, offering kitchen and bathroom cabinets through dealers and home centers.
cabinetrykitchen-cabinetsbathroom-cabinets
Privately Owned
KraftMaid is privately owned, unlike Valspar which is under a publicly traded parent company.
Household Consumer GoodsSanino
Owned by Evyap
Turkish personal care brand owned by Evyap, known primarily for toothpaste and oral care products sold in Ukraine and Eastern European markets.
toothpasteoral-carepersonal-care
Privately Owned
Sanino is privately owned, unlike Valspar which is under a publicly traded parent company.
Household Consumer GoodsSolo
Owned by Dart Container Corporation
American disposable cups and food service products brand, owned by Dart Container Corporation since 2012.
disposable-cupsfood-servicetableware
Privately Owned
Solo is privately owned, unlike Valspar which is under a publicly traded parent company.
Household Consumer GoodsThe Pioneer Woman
Owned by Ree Drummond
Licensed kitchenware and home decor brand created by Ree Drummond, featuring rustic-inspired products available exclusively at Walmart.
kitchenwarehome-decorlicensed-brand
Privately Owned
The Pioneer Woman is privately owned, unlike Valspar which is under a publicly traded parent company.
The Sherwin-Williams Company Stock Information
Jobs at The Sherwin-Williams Company
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