Valspar Acquires Teknos Nova Coil TNC Oy
MINNEAPOLIS - The Valspar Corp. announced that it has
acquired Teknos Nova Coil TNC Oy (TNC), Helsinki, Finland, from Teknos Group
Oy. TNC is a manufacturer of high-performance coil coatings used in the
construction industry. TNC had 2006 sales of €31 million. Valspar
expects the acquisition to be slightly accretive to earnings in 2008.
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