NEWSWIRETODAY Press Release& Newswire Distribution | HOME
MOST TRUSTED NEWSWIRE PRESS RELEASE DISTRIBUTION
PRTODAY / NewswireToday press release distribution service network
Written by / Agency / Source: Hempel A/S
Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Wattyl Australia and New Zealand Officially Part of the Hempel Group - With immediate effect, Wattyl Australia and New Zealand is now officially part of world-leading coatings manufacturer Hempel. With the acquisition of Wattyl, Hempel is strengthening its footprint in Australia and New Zealand significantly - Wattyl.com.au
Wattyl Australia and New Zealand Officially Part of the Hempel Group

 

NewswireToday - /newswire/ - Kgs, Lyngby, Denmark, 2021/04/01 - With immediate effect, Wattyl Australia and New Zealand is now officially part of world-leading coatings manufacturer Hempel. With the acquisition of Wattyl, Hempel is strengthening its footprint in Australia and New Zealand significantly - Wattyl.com.au .

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing / Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

On 18 February 2021, Hempel A/S signed an agreement to acquire leading paint and coatings manufacturer Wattyl Australia and New Zealand from The Sherwin-Williams Company, the world’s largest paint and coatings company and headquartered in the United States.

Hempel received formal customary approval from the relevant authorities in Australia and New Zealand and the acquisition was closed on 31 March. Wattyl is now officially a part of the Hempel Group.

“I am very happy to welcome Wattyl and 750 new colleagues to the Hempel family today. We share many similarities, which makes the acquisition a perfect strategic fit. United, we will create a strong platform for continuous growth and leverage our knowledge, expertise and market strengths to remain a trusted partner of our customers in Australia and New Zealand,” says Lars Petersson, CEO of Hempel.

The acquisition is part of Hempel’s ambition to double its revenue to EUR 3 billion by 2025 as outlined in its Double Impact strategy.

“We have taken the first major step on our growth journey, which will see us build leadership positions in chosen geographies and segments. With Wattyl as part of the Hempel Group, we are gaining a strong footprint in Australia and New Zealand, while pursuing our strategic ambitions for the Decorative, Infrastructure and Energy segments in our South & East Asia region,” Lars Petersson concludes.

Wattyl (wattyl.com.au) has an annual turnover of EUR 150 million and has been a household name in Australia and New Zealand for more than 100 years.

About Wattyl

• Founded: 1915
• Employees: 750
• Revenue: EUR 150 million
• Headquarters in Baulkham Hills, Sydney, Australia
• Two factories in Australia (Kilburn, South Australia and Footscray, Victoria)
• Five distribution centres (4 in Australia, 1 in New Zealand)
• Nearly 100 company-owned stores
• Brands: Wattyl, Wattyl Protective Coatings

About Hempel

As a world-leading supplier of trusted coating solutions, Hempel (hempel.com) is a global company with strong values, working with customers in the decorative, marine, infrastructure and energy industries. Hempel factories, R&D centres and stock points are established in every region.

Across the globe, Hempel’s paints and coatings can be found in almost every country of the world. They protect and beautify buildings, infrastructure and other assets, and play an essential role in our customers’ businesses. They help minimise maintenance costs, improve aesthetics and increase energy efficiency.

At Hempel, our purpose is to shape a brighter future with sustainable coating solutions. We firmly believe that we will succeed as a business only if we place sustainability at our heart. Not only is it the right thing to do, it will strengthen our competitive position, make ourselves more resilient and reduce our risk.

Hempel was founded in Copenhagen, Denmark in 1915. It is proudly owned by the Hempel Foundation, which ensures a solid economic base for the Hempel Group and supports cultural, social, humanitarian and scientific purposes around the world.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing / Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Hempel A/S

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick NewswireToday Visibility Checker

 

Distribution / Indexing: [+]  / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Manufacturing / Robotics articles,
CATCH Visitors via Your Competitors Announcements!


Wattyl Australia and New Zealand Officially Part of the Hempel Group

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name NewswireToday and LINK as the source.
 
Publisher Contact: Sandra Baekby-Hansen - Hempel.com 
+45 2137 2985 communications[.]hempel.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Hempel A/S securities in any jurisdiction including any other companies listed or named in this release.

Manufacturing / Robotics via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Hempel A/S / Company Profile


Read Manufacturing / Robotics Most Recent Related Newswires:

BASF Expands Global PGM Refining Capacity, Further Driving Circular Economy Business
Rockwell Automation Expands its Threat Detection Services with Cisco Cyber Vision
LanzaTech and BASF Achieve First Milestone in Utilizing Industrial Off-gases for Chemical Production
BASF Strengthens its Global Production Footprint for Enzymes
FernSAMS - Voith to Present Technology for Remote-controlled Tugboats At National Maritime Conference in Rostock
BASF Sunscreen Simulator 4.0 - More Functionalities Unveiled
BASF and Umicore Enter into A Patent Cross-license Agreement
End-use Industries Recovery to Propel Coatings, Adhesives, Sealants and Elastomers Global Market Finds Frost & Sullivan
Atlas Copco Has Acquired A Majority Share of A Specialty Steam Rental Company
Lufthansa Group and BASF Roll Out Sharkskin Technology
BASF Strengthens Innovation Capabilities in Asia
BASF Launches New Website for Performance and Formulation Additives
ABB Secures Order from Global Steel Company SSAB for Modernization At Swedish Mill
HUBER+SUHNER Launches SYLFA HD - A Next-generation Front Access Fiber Management System
Voith’s Quality Control System (QCS) OnQuality to Improve Production Quality At Simka Kagit PM 1 in Kayseri, Turkey

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  SlideUpLift





 
  ©2021 NewswireToday — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com newswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are proudly NOT affiliated with USA TODAY (usatoday.com)