The Valspar Corporation is a global coating and paints manufacturer, and distributor. The Company manufactures and distributes a portfolio of coatings, paints and related products. It operates two segments: Coatings and Paints. The Coatings segment includes a range of decorative and protective coatings for metal, wood, plastic and glass, for sale to original equipment manufacturer (OEM) customers. In the Paints segment, the Company offer automotive refinish paints and aerosol spray paints that are sold through automotive refinish distributors, body shops, automotive supply distributors and automotive supply retailers. On January 9, 2008, Sika AG acquired the commercial and industrial polymer flooring business of the Company. During the fiscal year ended October 31, 2008, the Company completed the 100% acquisition of Aries Coil Coatings S.A. de C.V.