Coatings manufacturer - Hempel has completed the acquisition of Farrow & Ball, a luxury decorative paint and wallpaper company with an annual turnover of over EUR 100 million.
Hempel acquires Farrow & Ball from a fund managed by the Private Equity Group of Ares Management Corporation, after having met all conditions and requirements.
luxury, decorative paint, and wallpaper company
“Today is an exciting day as we happily welcome the iconic, luxury, decorative paint and wallpaper company, Farrow & Ball, to the Hempel family. I am very proud to bid a warm welcome to over 600 new colleagues, and look forward to ensuring together that Farrow & Ball continues its strong growth journey,” says Hempel Group President & CEO, Lars Petersson.
With this acquisition, Hempel has taken the next, large step to double its revenue to EUR 3 billion by 2025. The acquisition is a perfect strategic match, supporting Hempel’s growth ambitions within the decorative segment.
Eco-friendly paint
With Hempel’s strong global presence, the intention is to grow and expand Farrow & Ball globally
“We have now taken the next step on our journey to double our business. The addition of Farrow & Ball to our branded portfolio is another proof point that we are going for leadership positions in key segments and geographies,” continues Lars Petersson.new opportunities
- Fire Safety Risk Assessment
- Fire Safety Planning
- Fire Prevention
- Fire Detection
- Fire Protection
- Fire Rescue
- Fire Safety Inspection
- Fire Safety Testing
- Fire Safety Standards
- Fire Safety Policies
- Fire Safety Management
- Fire Emergency Response
- Electrical Fire Safety
- Building Fire Safety
- Industrial Fire Safety
- Active Fire Protection (AFP)
- Fire Insurance
- Explosion Protection
- Flammable Material Control
- Mergers & Acquisitions
