Hempel Group

Hempel A/S
Private limited company
Industry Coatings
Founded 1915
Founder Jørgen Christian Hempel
Headquarters Lyngby, Denmark
Key people
 Richard Sand (Chairman), Henrik Andersen (CEO), Anders Boyer (CFO), Lars Petersson (COO), Peter Kirkegaard (chief people & culture officer)
Revenue EUR 1,563 million (2015)[1]
EUR 108 million
Number of employees
 +5,500 (2015))[2]
Website hempel.com

Hempel A/S is a coatings supplier to the decorative, protective, marine, container, industrial and yacht markets, headquartered in Copenhagen, Denmark. The company employs more than 5,500 people in over 80 countries, and has factories and R&D centres around the globe.

It produces coatings, such as Hempaguard and Hempadur Avantguard, and owns a number of brands, including Crown Paints, Versiline and Neogard. Hempel is owned by the Hempel Foundation, which supports cultural, humanitarian and scientific causes across the world.

History

Hempel was founded by Jørgen Christian Hempel (b. 1894, d. 30 January 1986) in July 1915 when he established Hempel’s Marine Paints Ltd. (J.C. Hempel’s Skibsfarve-Fabrik A/S), a marine paint wholesaler. At just twenty one years of age, he was Denmark’s youngest licensed wholesaler at the time. The following year, he set up his own paint mixing factory.

In 1917, Hempel collaborated with the Technical University of Denmark to develop Hempel’s first antifouling coating for ships’ hulls.

During the 1950s and 1960s, Hempel expanded around the globe. It established its first factory in the United States in 1951, and opened an office in Hong Kong in 1963. In the 1960s, the company began to produce decorative coatings for the Middle Easte and it opened its first factory in the region, in Kuwait, in 1966.

In the 1970s, Hempel established a Protective coatings division to develop and produce coatings for the industrial market, such as power generation and infrastructure. Hempel was one of the first coatings companies to focus on renewable energies and it supplied coatings to the first commercial wind farm in 1980.

J.C. Hempel died in 1986, 91 years of age, having led the company for 71 years. By 2000, Hempel had become a widespread group, with local management in 38 countries. During the following decade it consolidated, buying out its partners in Croatia, China, Morocco and the Middle East.antifouling coating for ships’ hulls.[3]

Acquisitions

Significant acquisitions since 2000 include:

  • Crown Paints, a leading paint manufacturer in the United Kingdom (2011)
  • Blome International Inc., a producer based in the United States of specialist coatings for the protective industry (2012)
  • Schaepman, a Dutch supplier of specialist industrial, protective and decorative coatings (2014)
  • Jones-Blair Company, a leading North American supplier for the protective and waterproofing markets (2015)

Headquarters

Hempel moved into a new headquarters in April 2013. The building is located in Lundtoftegårdsvej in Lundtofte , north of Copenhagen. The building is designed by Årstiderne Arkitekter, and is located next to Hempel's central R&D Centre. Hempel's old headquarters were sold to DTU.[4]

References

  1. ↑ "Annual Report". Hempel Group. Retrieved 2016-01-27.
  2. ↑ "Annual Report". Hempel Group. Retrieved 2013-04-10.
  3. ↑ "History". Hempel Group. Retrieved 2013-04-10.
  4. ↑ "Hempel bygger nyt hovedsæde i Lundtofte" (in Danish). Det Grønne Område. Retrieved 2013-04-10.
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