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Home  > Markets & companies  > Coatings market  > Hempel acquires Dutch coatings manufacture...

Tuesday, 24 September 2019
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Markets & companies, Coatings market

Hempel acquires Dutch coatings manufacturer Schaepman’s

Tuesday, 16 December 2014

Hempel announced that it has acquired Schaepman’s Lakfabrieken B.V, a leading Dutch supplier of specialised industrial, protective and decorative coatings.

With the acquisition, Hempel will increase its presence in the protective and industrial coatings markets. Source: vladimirkim/Fotolia

With the acquisition, Hempel will increase its presence in the protective and industrial coatings markets. Source: vladimirkim/Fotolia

The acquisition is part of Hempel’s five-year growth strategy, One Hempel – One Ambition, and supports its goal of becoming one of the world’s top-10 largest coatings suppliers by the end of 2015. With the acquisition, Hempel takes a step towards achieving its growth ambition: to increase its presence in the protective and industrial coatings markets.

Industrial coatings segment will help open new markets

Hempel’s Group President and CEO Pierre-Yves Jullien comments: "We are focused on developing or acquiring new solutions that add real benefits to our customers. Schaepman represents what we were looking for. It has a solid position on the local market, a strong brand, innovative R&D and specialist products that will enrich our global assortment. In addition, Schaepman’s expertise in the industrial coatings segment will help open new business possibilities for Hempel in this market.”
Schaepman’s management is excited about the acquisition. "With Hempel we have found the perfect match. Like Schaepman, Hempel, has many years of experience and a strong focus on R&D. Furthermore, Hempel’s solid global presence will allow us to broaden our customer, geographical and technological base,” says Berend ten Doeschate, Schaepman’s CEO. He continues: "Schaepman will continue, under the ownership of Hempel, to provide reliable and high quality solutions to our customers, focusing on the individual needs and continuous operation of our customers’ production processes. Our own production will continue in Kampen and I am sure our customers will soon see benefits from Hempel’s global expertise.”

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