Valspar's Paint Unit Announces Supply Agreement with 4,000+ Ace Hardware Locations
The Valspar Corporation (NYSE: VAL) today announced a long-term strategic supply relationship with Ace Hardware Corporation under which Valspar will manufacture and supply Ace-branded paint products as well as make a comprehensive line of Valspar-branded paints available to more than 4,000 Ace retail locations in the United States. In addition, the two companies announced that Valspar has acquired Ace Hardware's paint manufacturing assets, including two manufacturing facilities located near Chicago.
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