My nightly HCTI research... more speculation that all roads lead to PPG.
I started looking up "Akzo Nobel (Netherland)", which is listed under Customers on Polymate's web site. Akzo Nobel is a Global Fortune 500 company based in the Netherlands. Glidden (one of the largest paint manufacturers in North America http://www.glidden.com/Home) was owned by Akzo Nobel (who acquired them from ICI in 2008)... until PPG acquired all the North American coatings business of Akzo Nobel (including Glidden and other brands) in 2012 for $1.05 billion. http://www.cleveland.com/business/index.ssf/2012/12/akzo_nobel_sells_glidden_and_r_1.html
So what big box retail were they talking about? They mention more than 2,000 stores.. is it Walmart (who's has over 4,000 stores)? Too high. What about Lowe's? Nope, they have about 1,800. Too low... Well what about Home Depot? 2,200 stores... just right. Yes, Glidden is sold at Home Depot (and also Walmart too now). Thus, another speculative link to PPG.
I'm changing my vote for any kind of paint partnership or anti-graffiti coating from Sherwin-Williams to Glidden (PPG).
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.