Finally, Akzo's "value" range within the Glidden brand would fit well in Wal-Mart.

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She estimates that Wal-Mart sells around 22 million gallons of paint a year, split half and half between Sherwin's brand, Dutch Boy (set to be replaced by Azko's Glidden brand) and Wal-Mart's own brand, Color Place.

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Akzo, which makes the Dulux and Glidden paint brands, said the deal would "significantly boost" its market share, and while it did not give details on how it might affect profits, it did describe the profitability of the deal as "good" and better than its contract with Home Depot.

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