Wattyl Limited
Encyclopedia
Wattyl is an Australian based company that specialises in the manufacturing and marketing of architectural and decorative paints and special purpose and protective coatings. The company currently operates in Australia
where it is the second largest brand in the architectural and decorative paints market after Dulux, and New Zealand
.
Wattyl was listed on the Australian Stock Exchange
(ASX) in 1959, trades under the code WYL and is in the S&P/ASX 300 Index. Wattyl currently employs over 1500 people in Australia and New Zealand. On the 25th of May, 2010, it was announced that the American company, Valspar, was in talks to buy out Wattyl. This deal was finalized in late June 2010, this deal valued the company at $142 million.
Wattyl was delisted from the Australian Stock Exchange on the 22/09/2010 following the completion of the scheme of arrangement whereby all the Company's shares were acquired by The Valspar (Australia) Paint Acquisition Pty Limited.
Wattyl was the first Australian manufacturer of two pot polyurethanes for the DIY market and a very successful marketing campaign during the 1960's and 1970's led to the brand name Estapol becoming the Australian term for the DIY clear finishing of domestic timber surfaces with one or two pot polyurethane finishes.
The Wattyl range of products include the brands Granosite, Solagard, Estapol and Killrust.
Wattyl is the current main sponsor of the Lake Taupo Cycle Challenge
event in New Zealand.
Australia
Australia , officially the Commonwealth of Australia, is a country in the Southern Hemisphere comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands in the Indian and Pacific Oceans. It is the world's sixth-largest country by total area...
where it is the second largest brand in the architectural and decorative paints market after Dulux, and New Zealand
New Zealand
New Zealand is an island country in the south-western Pacific Ocean comprising two main landmasses and numerous smaller islands. The country is situated some east of Australia across the Tasman Sea, and roughly south of the Pacific island nations of New Caledonia, Fiji, and Tonga...
.
Wattyl was listed on the Australian Stock Exchange
Australian Stock Exchange
The Australian Securities Exchange was created by the merger of the Australian Stock Exchange and the Sydney Futures Exchange in July 2006. It is the primary stock exchange group in Australia....
(ASX) in 1959, trades under the code WYL and is in the S&P/ASX 300 Index. Wattyl currently employs over 1500 people in Australia and New Zealand. On the 25th of May, 2010, it was announced that the American company, Valspar, was in talks to buy out Wattyl. This deal was finalized in late June 2010, this deal valued the company at $142 million.
Wattyl was delisted from the Australian Stock Exchange on the 22/09/2010 following the completion of the scheme of arrangement whereby all the Company's shares were acquired by The Valspar (Australia) Paint Acquisition Pty Limited.
Wattyl was the first Australian manufacturer of two pot polyurethanes for the DIY market and a very successful marketing campaign during the 1960's and 1970's led to the brand name Estapol becoming the Australian term for the DIY clear finishing of domestic timber surfaces with one or two pot polyurethane finishes.
The Wattyl range of products include the brands Granosite, Solagard, Estapol and Killrust.
Wattyl is the current main sponsor of the Lake Taupo Cycle Challenge
Lake Taupo Cycle Challenge
The Lake Taupo Cycle Challenge is New Zealand's largest mass participation cycling event. First held in 1977, it circumnavigates Lake Taupo, a volcanic crater lake in the centre of the North Island. The ride starts and finishes in Taupo with one full circuit being approximately 160 km. Over...
event in New Zealand.