Hempel set to invest billions in growth plan

Over the next five years, coating producer Hempel plans to invest upwards of DKK 19 billion in a growth plan, reports Børsen. Revenue must be doubled over this period, says CEO.

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Coating producer Hempel has earmarked billions for investments in a growth plan aimed at doubling the top line over the next five years, CEO Lars Petterson tells Danish business daily Børsen.

The doubling of the revenue, planned up to and including 2025, is expected to come via 50 percent organic growth, while the rest will come from acquisitions.

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