Hempel Group

Hempel A/S is a supplier of coating products. Hempel is a global company providing products in the protective, marine, decorative, container and yacht industries. Hempel factories, R&D centres and stock points are established in every region. Hempel’s coatings protect surfaces, structures and equipment. Hempel was founded in Copenhagen, Denmark in 1915.

Hempel A/S
Private limited company
IndustryCoatings
Founded1915
FounderJørgen Christian Hempel
Headquarters
Lyngby
,
Denmark
Key people
Richard Sand (Chairman), Lars Petersson (CEO), Lars Jønstrup Dollerup (CFO), Peter Kirkegaard (chief people & culture officer), Michael Hansen (chief commercial officer)
RevenueEUR 1,3 billion (2018)[1]
Number of employees
+6,500 (2018))
Websitehempel.com

It is owned by the Hempel Foundation, which supports the Hempel Group and cultural, social, humanitarian and scientific purposes as well.

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 East, 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 seventy one years. By 2000, Hempel had become a widespread group, with local management in thirty eight countries. During the following decade, it consolidated, buying out its partners in Croatia, China, Morocco and the Middle East.[2]

Acquisitions

Significant acquisitions since 2000 include:

  • Crown Paints, a leading paint manufacturer in the United Kingdom (June 2011)
  • Blome International Inc., a producer based in the United States of specialist coatings for the protective industry (July 2012)
  • Schaepman, a Dutch supplier of specialist industrial, protective and decorative coatings (December 2014)
  • Jones Blair Company, a leading North American supplier for the protective and waterproofing markets (February 2015)
  • J.W. Ostendorf, a decorative coatings company with operations primarily in Germany and France (May 2018)

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.[3]

References
  1. "Annual Report". Hempel Group. Retrieved 2018-03-04.
  2. "History". Hempel Group. Retrieved 2013-04-10.
  3. "Hempel bygger nyt hovedsæde i Lundtofte" (in Danish). Det Grønne Område. Retrieved 2013-04-10.
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