Deals
Ares Weighs Sale of Iconic Paint Maker Farrow & Ball
- PE owner working on options for high-end paint company
- Pandemic lockdowns have led to a pickup in home decorating
Photographer: Stewart Moersch/EyeEm via Getty Images
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The owner of Farrow & Ball Ltd., the high-end English paint maker, is considering a sale of the business at a time of surging demand for home renovations, according to people familiar with the matter.
Ares Management is speaking to potential advisers about strategic options for Farrow & Ball, which generated record revenue last year, the people said, asking not to be identified discussing confidential information. Deliberations are in the early stages and no final decisions have been made, according to the people.