Valhi, Inc.
| Valhi, Inc. | |
|---|---|
| Type | Public |
| NYSE: VHI Russell 2000 Index component | |
| Industry | holding company |
| Founded | 1987 |
| Headquarters | 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 |
| Revenue |  US$2.296 Billion (FY 2021) |
| US$ 257.8 Million (FY 2021) | |
| US$ 127.2 Million (FY 2021) | |
| Total assets | US$3.005 Billion (FY 2021) |
| Total equity | US$1.158 Billion (FY 2021) |
Number of employees | 2,847 |
| Website | Valhi.net |
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. As of 2014 it was a Fortune 1000 company.
Until his death in 2013, the chairman of the company was Harold Simmons,. He also owned 94% of Valhi's common stock, through The Contran Corporation and a charitable trust controlled by his family.
Subsidiaries
Wholly and majority-owned subsidiaries include 80% of Kronos Worldwide, 86% of CompX International Inc., 83% of NL Industries, 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.
References
- 1 2 3 4 5 "2021 10-K for Valhi Inc". SEC.
- ↑ Maletz, Kate (1996-08-19). "Sugar M&A Expected To Crystallize". Securities Data Publishing.
- ↑ "Valhi". Fortune. 2 June 2014. Retrieved 14 April 2015.
- ↑ Levisohn, Ben (30 December 2013). "Harold Simmons Dies, Valhi, Kronos, NL Industries Gain". Barrons. Retrieved 14 April 2015.
- ↑ Matt Levine (2024-06-27). "Texas Billionaire's Heirs Save Some Money on Taxes". Bloomberg. Retrieved 2026-09-24.
The story begins on Dec. 28 of last year, when a Dallas billionaire named Harold Simmons died at the age of 82. He left the bulk of his $8 billion fortune to two of his daughters. Much of that fortune was in "Contran Corp., a closely held entity that holds majority stakes in four publicly traded companies: Valhi Inc., NL Industries Inc., Kronos Worldwide Inc. and CompX International Inc." The biggest chunk of the estate was Contran's 93.8 percent stake in Valhi, which was 318,156,746 shares. 1 Valhi's stock closed on Dec. 27, 2013, at $14.91 per share, making that stake worth about $4.7 billion as of Simmons's death. Another 2,481,900 Valhi shares (0.7 percent, $37 million) were held by the Harold Simmons Foundation, a charity controlled by Simmons's daughters.
- ↑ "Valhi 2019 10-K". SEC. Valhi Incorporated.
- ↑ "Valhi 2019 10-K". SEC. Valhi Incorporated.
- ↑ "Valhi, Inc. | Encyclopedia.com". Retrieved 2018-10-21.