Valspar

[[Sherwin-Williams]] acquired Valspar on June 1, 2017 in an all-cash deal valued at $9.3 billion.

[[Sherwin-Williams]] acquired Valspar on June 1, 2017 in an all-cash deal valued at $9.3 billion.

===The 2017 formulation fontroversy===

===2017 formulation fontroversy===

Valspar faced significant public scrutiny and financial liability in 2017 following a widespread product defect involving its signature paint line sold through the UK retailer [[B&Q]]."B&Q and Valspar to pay out over 'cat urine' smell paint", BBC News, 20 July 2017. [Online]. Available: https://www.bbc.com/news/business-40655163 The controversy arose after Valspar modified its [[paint]] formulation by removing a specific [[preservative]] additive, a move intended to reduce chemical content but which inadvertently allowed [[bacteria]] to proliferate within the cans."B&Q customers to be compensated after complaining paint smells like 'cat urine'", The Telegraph, 20 July 2017. [Online]. Available: https://www.telegraph.co.uk/news/2017/07/20/bq-customers-compensated-complaining-paint-smells-like-cat-urine/ Once applied to interior walls, the bacterial breakdown released volatile [[sulfur]]-based gases, resulting in a pungent odor described by consumers as "[[cat urine]]" or "rotten animals". The stench was notably exacerbated by atmospheric heat and direct [[sunlight]], making many homes uninhabitable.

Valspar faced significant public scrutiny and financial liability in 2017 following a widespread product defect involving its signature paint line sold through the UK retailer [[B&Q]]."B&Q and Valspar to pay out over 'cat urine' smell paint", BBC News, 20 July 2017. [Online]. Available: https://www.bbc.com/news/business-40655163 The controversy arose after Valspar modified its [[paint]] formulation by removing a specific [[preservative]] additive, a move intended to reduce chemical content but which inadvertently allowed [[bacteria]] to proliferate within the cans."B&Q customers to be compensated after complaining paint smells like 'cat urine'", The Telegraph, 20 July 2017. [Online]. Available: https://www.telegraph.co.uk/news/2017/07/20/bq-customers-compensated-complaining-paint-smells-like-cat-urine/ Once applied to interior walls, the bacterial breakdown released volatile [[sulfur]]-based gases, resulting in a pungent odor described by consumers as "[[cat urine]]" or "rotten animals". The stench was notably exacerbated by atmospheric heat and direct [[sunlight]], making many homes uninhabitable.