Hempel Plots Global Growth Riposte to Sherwin-Valspar Paint Deal

  • New CEO Andersen seeking expansion in U.S., Asia, Middle East
  • Monitoring for any Sherwin-Valspar deal assets put up for sale

As Sherwin-Williams Co.’s $9.3 billion purchase of Valspar Corp. creates a new leader in the paint-making industry, Denmark’s Hempel A/S is on the look out for deals to help take the fight to the U.S. company, new Chief Executive Officer Henrik Andersen said.

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