Hempel's Acquisition of Jones-Blair Approved
Hempel recently announced it has closed its previously announced acquisition of Jones-Blair Co., a leading North American supplier for the protective and waterproofing markets. The acquisition is expected to provide Hempel with a diverse platform for the continued development of its business in North America.
“We’re very pleased that we have closed this transaction,” said Pierre-Yves Jullien, group president and CEO. “Jones-Blair has a unique market position, great technical knowledge and many years of experience. The acquisition will create the best conditions for us to achieve our objectives in North America, and also supports our goal of consolidating our position as a top global coatings supplier.”