True Value Company Acquires Yenkin-Majestic Consumer Paint Business (Majic)
March 14, 2022
True Value Company has agreed to acquire the consumer paint business of The Yenkin-Majestic Paint Corporation, including architectural coatings sold under the Majic brand. The deal lets True Value deepen its retail paint portfolio and expand capabilities in agricultural and specialty coatings, while Yenkin-Majestic will focus resources on its polymers business.
- Buyers
- True Value Company
- Targets
- Yenkin-Majestic consumer paint business (Majic brand)
- Sellers
- The Yenkin-Majestic Paint Corporation
- Industry
- Manufacturing
- Location
- Ohio, United States
- Transaction Type
- Divestiture
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