About Hempel
Hempel is a company based in Lyngby (Denmark) founded in 1915 was acquired by CIN in January 2025. It operates as a Direct-to-Consumer (D2C), and B2B2C. The company has 138 employees as of April 06, 2024. Hempel has completed 8 acquisitions, including Crown Paints, Farrow & Ball and JW Ostendorf. Hempel offers products and services including Protective Coatings, Marine Coatings, Decorative Coatings, and Yacht Coatings.
- Headquarter Lyngby, Denmark
- Employees 138 as on 06 Apr, 2024
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Sectors
Chemicals & Materials
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Hempel A/S
- Date of Incorporation 17 Sep, 2009
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$17.43 M (USD)8.03as on Mar 31, 2023
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Net Profit
$-1.38 M (USD)-279.56as on Mar 31, 2023
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EBITDA
$-1.09 M (USD)-189.39as on Mar 31, 2023
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Latest Funding Round
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Investors
European Union
& 2 more
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Employee Count
138
as on Apr 06, 2024
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Investments & Acquisitions
Crown Paints
& 7 more
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Acquired by
CIN
(Jan 13, 2025)
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Products & Services of Hempel
Hempel offers a comprehensive portfolio of products and services, including Protective Coatings, Marine Coatings, Decorative Coatings, and Yacht Coatings. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Coatings are provided for energy and infrastructure protection.
Advanced coatings are offered for marine vessel protection.
High-quality coatings are designed for building aesthetics protection.
Specialized coatings are created for all yacht types.
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Software Development Team
54 people
Sales and Marketing
44 people
Leadership Team
33 people
Finance and Accounting
23 people
Head Team
20 people
Product Management Team
18 people
Human Resources and Administration
18 people
Senior Team
16 people
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Funding Insights of Hempel
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Private Equity Round - Hempel | Valuation |
investors |
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| Sep, 2015 | Amount | Grant - Hempel | Valuation |
investors |
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| Nov, 2013 | Amount | Grant - Hempel | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Hempel
Hempel has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union, CIN Coatings and CVC. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Mezzanine financing and equity investments are provided by CVC.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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CIN Coatings is recognized as a leader in the paint and coatings industry.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Hempel
Hempel has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include Crown Paints, Farrow & Ball and JW Ostendorf. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Paints and coatings are manufactured by JW Ostendorf in Germany.
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1948 | ||||
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Water-based paints and hand-crafted wallpapers are manufactured and sold internationally.
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1946 | ||||
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Protective coatings are supplied by Jones-Blair for industrial uses.
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1928 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Hempel
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Hempel Comparisons
Competitors of Hempel
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Hempel
When was Hempel founded?
Hempel was founded in 1915 and raised its 1st funding round 98 years after it was founded.
Where is Hempel located?
Hempel is headquartered in Lyngby, Denmark. It is registered at Lyngby, Region Hovedstaden, Denmark.
How many employees does Hempel have?
As of Apr 06, 2024, the latest employee count at Hempel is 138.
What is the annual revenue of Hempel?
Annual revenue of Hempel is $17.43M as on Mar 31, 2023.
What does Hempel do?
Hempel is engaged in the development and supply of high-quality coating solutions across various industries. Operations are focused on sectors such as energy, infrastructure, marine, decorative, and yacht industries. Sustainable coating solutions are prioritized to shape a brighter future, with a strategy to double in size by 2025. Personalized support and online purchasing options are provided to simplify customer experiences. Global presence is maintained with employees in over 80 countries, ensuring diverse coating needs are met efficiently.
What products or services does Hempel offer?
Hempel offers Protective Coatings, Marine Coatings, Decorative Coatings, and Yacht Coatings.
How many acquisitions has Hempel made?
Hempel has made 8 acquisitions, including Crown Paints, Farrow & Ball, and JW Ostendorf.
Who are Hempel's investors?
Hempel has 3 investors. Key investors include European Union, CIN Coatings, and CVC.