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True Value Company Acquires Yenkin-Majestic Consumer Paint Business

PRIVATEMar 14, 2022

Acquiring Company

True Value hardware stores

Acquired Company

Yenkin-Majestic

ChicagoCommerce And ShoppingProfessional ServicesConsumer Goods

Description

True Value Company, one of the world's largest hardlines wholesalers, and The Yenkin-Majestic Paint Corporation, an Ohio-based manufacturer of coatings and coatings resins, today announced they have entered into a definitive agreement under which True Value Company will acquire Yenkin-Majestic's consumer paint business, producing architectural coatings for home, agricultural, and specialty applications under the Majic brand name.

Quick answer

True Value hardware stores is acquiring Yenkin-Majestic, announced March 14, 2022. True Value hardware stores is based in Chicago, Illinois, United States.

How much did True Value hardware stores pay for Yenkin-Majestic?
The deal value was not disclosed.
What does True Value hardware stores do?
True Value is a cooperative of independent hardware retailers that offers a wide range of home improvement products.
Where are True Value hardware stores and Yenkin-Majestic based?
True Value hardware stores is based in Chicago, Illinois, United States.

Source: Fundz verified event record.

Other recent acquisitions in Commerce And Shopping and Professional Services

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

True Value hardware stores

Location

Chicago, Illinois, United States

About

True Value is a cooperative of independent hardware retailers that offers a wide range of home improvement products. It operates stores across the United States, providing value and support to community-focused businesses. The brand is known for its commitment to local ownership and personalized service. This acquisition helps Gill-Roy's expand its reach and offerings to customers.

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Frequently asked

Who acquired Yenkin-Majestic?

Yenkin-Majestic was acquired by True Value hardware stores, based in Chicago. The deal was reported on March 14, 2022. True Value is a cooperative of independent hardware retailers that offers a wide range of home improvement products. True Value hardware stores is privately held and operates in Commerce And Shopping.

When did True Value hardware stores acquire Yenkin-Majestic?

True Value hardware stores's acquisition of Yenkin-Majestic was reported on March 14, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Yenkin-Majestic do?

The Yenkin-Majestic Paint Corporation, based in Columbus, OH, is the owner of OPC Polymers, one of North America's leading suppliers of coatings resins. It is privately held, operating in Professional Services.

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