7. Benjamin Moore & Co.
Chairman and CEO: Dan Calkins
2020 Coatings Sales: $692.3 million (as estimated on Dun & Bradstreet website)
Founded in 1883, Benjamin Moore is a leading manufacturer of premium residential and commercial coatings. The company became a subsidiary of Warren Buffett’s Berkshire Hathaway in 2000 and is part of Berkshire Hathaways’ building products portfolio. Benjamin Moore manufactures premium residential, commercial and industrial maintenance coatings.
Brands include Aura®, Regal® Select, Ultra Spec®, ben®, ADVANCE®, ARBORCOAT® and more. The company has an expansive color portfolio of over 3,500 colors. Benjamin Moore paints are available exclusively from 7,500 locally owned and operated paint, decorating and hardware retailers throughout the United States and Canada as well as 75 countries globally. Selected products manufactured by Benjamin Moore are sold at Ace Hardware stores. As of 2020, Benjamin Moore assumed responsibility for manufacturing Ace’s Clark+Kensington® and Royal® brands, and the rest of Ace’s private-label brands. Benjamin Moore is committed to innovation and sustainable manufacturing practices.
Parent Company: Berkshire Hathaway
Notes: In December 2020, Benjamin Moore announced the acquisition of its United Kingdom distribution partner, Shaw Paints Ltd. With the acquisition, Shaw Paints Ltd. became Benjamin Moore UK. It operates showrooms in Slough, Chelsea and Wilmslow, as well as fulfillment to a network of authorized stockists throughout the market.
Source: Berkshire Hathaway Annual Report, press releases