Valspar Acquires Quest Specialty Chemicals’ Coatings Divisions
Quest Specialty Chemicals recently announced it has completed the sale of the Quest Automotive Products and Quest Industrial Products businesses to The Valspar Corp. The two divisions account for approximately $190 million in sales of specialty coatings in the automotive, transportation, and industrial markets.
“Over the past several years, we have successfully built strong teams and grown these businesses into leadership positions in their markets,” said Doug Mattscheck, president and CEO of Quest Specialty Chemicals. “I’m very pleased that in Valspar we have a buyer who can continue to build the business, brands and customer relationships.”