10.01.18
With immediate effect, German paint manufacturer J.W. Ostendorf – along with Renaulac and FLT Handel & Service – is part of the Danish company Hempel.
Hempel recently received the UK authority’s formal approval and closed on Sept. 27, 2018. The joint venture is now official.
The closing of the deal means that Hempel can now create a new region, known as Decorative Europe. UK-based Crown Paints – already part of the Hempel Group – and JWO join forces in this unique cooperation.
“Decorative Europe will present new and exciting value propositions to both existing and new customers. We now have several routes to market for the brand and private label,” said Henrik Andersen, group president and CEO of Hempel. “We’re unique in terms of our knowledge, competencies and experience. I’m convinced that we’ll create the foundation for a bright future. In the long run, we’ll be able to drive the consolidation of the decorative paint market globally.
“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 Group, we’re one step closer to reaching this goal,” Andersen added.
Hempel recently received the UK authority’s formal approval and closed on Sept. 27, 2018. The joint venture is now official.
The closing of the deal means that Hempel can now create a new region, known as Decorative Europe. UK-based Crown Paints – already part of the Hempel Group – and JWO join forces in this unique cooperation.
“Decorative Europe will present new and exciting value propositions to both existing and new customers. We now have several routes to market for the brand and private label,” said Henrik Andersen, group president and CEO of Hempel. “We’re unique in terms of our knowledge, competencies and experience. I’m convinced that we’ll create the foundation for a bright future. In the long run, we’ll be able to drive the consolidation of the decorative paint market globally.
“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 Group, we’re one step closer to reaching this goal,” Andersen added.