Nothing bad happened to Valspar paint; it is still widely available and is actually more widely distributed than before, but its ownership and retail strategy changed significantly. Valspar was an independent American company founded in 1806 as a varnish maker in Boston, and grew into a global coatings giant. In 2017, Sherwin-Williams acquired Valspar Corporation for $11.3 billion to expand its global footprint and retail presence. After the acquisition, the Federal Trade Commission required Sherwin-Williams to divest Valspar's North American industrial wood coatings business, but the consumer house paint brand was retained. Since then, Valspar has become Lowe's flagship exclusive national paint brand, replacing Olympic and expanding into Valspar Signature, Reserve, 2000, and cabinet and furniture lines. The formulation was updated to include newer acrylic resins and anti-scuff technology from Sherwin-Williams research. Some long-time Valspar customers noticed color formula shifts or that their old local hardware store stopped carrying it, leading to rumors it was discontinued, but it was simply consolidated into Lowe's and independent dealers.
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