De Beer sells products in more than 65 countries and had 2003 sales of approximately 39 million euros, or approximately $50 million.
Valspar Acquires Netherlands-Based Auto-Refinish Manufacturer De Beer
February 1, 2004
MINNEAPOLIS - The Valspar Corp. has acquired De Beer Lakfabrieken, a privately owned manufacturer of automotive-refinish coatings based in Lelystad, The Netherlands. The acquisition includes De Beer's subsidiaries in the United Kingdom and Australia. Terms of the transaction were not disclosed.