Memphis paint company expanding to Kentucky via acquisition
Color & Supply Co. Inc. and subsidiary Kentucky Paint Manufacturing Co. have been sold to Farrell-Calhoun Paint, a Memphis, Tenn.-based coatings manufacturer and distributor.
Farrell-Calhoun’s acquisition includes a manufacturing facility, three Kentucky Paint retail stores in Lexington and Frankfort, Ky., and seven product lines, including FenceGuard, Double Duty, Acrylex and Dura Lex.
Terms of the deal were not disclosed.
Farrell-Calhoun operates 30 company-owned stores in five states and distributes through dealers in a total of 13 states.
The company was founded in 1905 and manufactures industrial maintenance and architectural coatings, including its own product, Green Leaf maximum performance coatings.
The purchase gives Farrell-Calhoun a base for distribution in central Kentucky and a popular line of fence paint used in the horse farm industry, the company said in a news release.
Color & Supply was founded in 1929. Its Kentucky Paint stores will be rebranded as Farrell-Calhoun/Town & Ranch stores and will carry both Farrell-Calhoun and Town & Ranch products, the release said.
Randy McMillen, dealer operations manager for Farrell-Calhoun, will relocate to Lexington to become area district manager.