Hempel Acquires Blome to Strengthen its Position in the Protective Segment in US
- Jul 16, 2012
Danish-based Hempel announced the acquisition of Blome International through its US based affiliate, Hempel (USA), Inc. This deal is a significant move in achieving the protective growth in the US outlined in Hempel's current growth strategy.
The Protective segment in the US represents a significant part of the coatings market and is expected to continue growing; therefore, the acquisition of a company well positioned within the protective market is an important part of Hempel USA's strategy.
"Blome International fits perfectly with our aggressive plan to continue to grow the Oil & Gas, Food & Beverage and Power Segments in North America. Blome International has a solid reputation in the market, a very dedicated and experienced staff and innovative coating solutions," says Lars Johansen, Hempel Group Vice
"The acquisition will not change Blome International's brand identities and Hempel USA will continue to carry out Blome International's existing objectives in North America," says Malcolm Kerr, Hempel Sales Director for North America. "Beyond products, Blome's unrivalled commitment to excellent customer service makes them very attractive and we will not change this in any way."
Blome International's management is excited about the acquisition. Steve Blome, Chief Executive Officer of Blome International, believes that, "With Hempel USA we have succeeded in finding the perfect new owner. There is no doubt that Hempel and its employees are the right choice to take Blome International to the next level."
Hempel is a world-leading coatings supplier for the decorative, protective, marine, container and yacht markets. From windmills and bridges to hospitals, ships, power stations and homes, their coatings protect man-made structures from the corrosive forces of nature.
With a focus on R&D, advanced production techniques and professional coating advice, they work around the globe to help keep their customers' investments safe and beautiful for longer.
This document was provided by SpecialChem's editor. If you want to share your press
release, please send it to firstname.lastname@example.org.
SpecialChem reserves the right to refuse any article or news item.