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Announced

Completed

True Value Company completed the acquisition of Shur-Line and Wordlock brands of Nova Wildcat Shur-Line.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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wholesalers

Single Bidder

Completed

Domestic

Majority

Diversified Retailers

Private

Friendly

Acquisition

United States

manufacturing

Synopsis

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True Value Company, a hardline wholesaler, completed the acquisition of Shur-Line and Wordlock brands of Nova Wildcat Shur-Line, a global manufacturing company. Financial terms were not disclosed. "Acquiring Shur-Line's products is an excellent strategic fit for True Value as we continue to invest in our strong portfolio of paint and paint products. For the last three years our team has been manufacturing many of Shur-Line's products in our Cary facility, so we are experts with the Shur-Line portfolio. We are excited to work with retailers to further develop this great brand and continue providing consumers with easy-to-use paint project applicators and tools," John Vanderpool, True Value Divisional President.

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