Hempel Group Completes Acquisition of J.W. Ostendorf
October 8, 2018
Hempel has received both the German and the UK authority’s formal approval to acquire 65 percent of J.W. Ostendor, making the joint venture official. The acquisition also includes Decorative Europe as part of Hempel.
“One of the things that has brought us together is the shared passion for serving our customers. We’re nothing without our customers, and we must be everything to our customers. It means a lot to me that our existing and new customers will see us as their closest partner. Having JWO as part of the Hempel family we’re one step closer to reaching this goal,” said Henrik Andersen, Hempel Group president and CEO.