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.
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.
People of Hempel
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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 |
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.
| 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 |
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.
| 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 |
Financial Statements - Hempel
Hempel Comparisons
Competitors of Hempel
Latest news on Hempel
Frequently Asked Questions about Hempel
Hempel was founded in 1915 and raised its 1st funding round 98 years after it was founded.
Hempel is headquartered in Lyngby, Denmark. It is registered at Lyngby, Region Hovedstaden, Denmark.
As of Apr 06, 2024, the latest employee count at Hempel is 138.
Annual revenue of Hempel is $17.43M as on Mar 31, 2023.
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.
Hempel offers Protective Coatings, Marine Coatings, Decorative Coatings, and Yacht Coatings.
Hempel has made 8 acquisitions, including Crown Paints, Farrow & Ball, and JW Ostendorf.
Hempel has 3 investors. Key investors include European Union, CIN Coatings, and CVC.