Miller Paint Co., Inc. has entered into a strategic agreement with Kelly-Moore Paint Company, Inc. to acquire the business operations and selected assets of ten Kelly-Moore Paints stores located in the Puget Sound area. Miller will maintain and operate nine locations, while a tenth Kelly-Moore store in Kent, Wash., will be closed and consolidated into Miller Paint’s Kent store. On April 30, ownership of the business at the nine Kelly-Moore stores will transfer to Miller Paint, with no other changes to the store’s operations initially planned. The new strategic alliance was established to maintain the nine Kelly-Moore stores and expand the exclusive distribution of Kelly-Moore’s architectural paint products in the region through Miller Paint’s current eight store locations. Miller Paint has committed to maintaining and eventually expanding the distribution of the full line of Kelly-Moore products throughout Oregon, Washington and Northern Idaho, where Miller currently operates 40 stores.
Miller Paint and Kelly-Moore form strategic alliance in Puget Sound market
Published April 25, 2012
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