Valhi, Inc. Explained

Valhi, Inc.
Traded As:
Russell 2000 Index component
Foundation:1987
Location:Dallas, Texas, U.S.
Key People:Robert D. Graham, Vice Chairman of the Board, President and CEO
Products:titanium dioxide pigments (TiO2), security products, recreational marine products, real estate, water distribution, insurance
Homepage:Valhi.net
Industry:holding company
Num Employees: 2,847
Revenue:US$2.296 Billion (FY 2021) [1]
Operating Income: US$ 257.8 Million (FY 2021)
Net Income: US$ 127.2 Million (FY 2021)
Assets:US$3.005 Billion (FY 2021)
Equity:US$1.158 Billion (FY 2021)

Valhi, Inc. is an American holding company operating through wholly and majority-owned subsidiaries in a number of different industries. It was founded in 1987 as a result of the merger of the LLC Corporation and Amalgamated Sugar Company.[2] The Contran Corporation owned 93% of Valhi's common stock as of December 2014.The chairman of the company was Harold Simmons until his death in 2013.[3] As of 2014 it was a Fortune 1000 company.[4]

Subsidiaries

Wholly and majority-owned subsidiaries include 80% of Kronos Worldwide,[5] 86% of CompX International Inc., 83% of NL Industries,[6] Basic Management, Inc. and The LandWell Company. Former subsidiaries include Amalgamated Sugar Company, oilfield services firm Baroid, forest products firm Medford, and Arby’s franchise Sybra.[7]

Notes and References

  1. Web site: 2021 10-K for Valhi Inc. . SEC.
  2. News: Sugar M&A Expected To Crystallize . Maletz . Kate . 1996-08-19 . Securities Data Publishing .
  3. Web site: Harold Simmons Dies, Valhi, Kronos, NL Industries Gain . Barrons . 30 December 2013 . 14 April 2015 . Levisohn, Ben.
  4. Web site: Valhi . Fortune . 14 April 2015.
  5. Web site: Valhi 2019 10-K . SEC . Valhi Incorporated.
  6. Web site: Valhi 2019 10-K . SEC . Valhi Incorporated.
  7. Web site: Valhi, Inc. Encyclopedia.com. 2018-10-21.