The Danish coating supplier Hempel can increase market shares globally by purchasing new companies, and the company expects to boosts its business in North America significantly with the upcoming acquisition of US-based Jones-Blair Company.
"Jones-Blair is a company that we have been following for years and we finally got the chance to acquire it. Jones-Blair has proven to be one of the best coatings manufacturers in the region. It 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 becoming one of the world’s top-10 largest coatings suppliers by the end of 2015," says CEO of Hempel Pierre-Yves Jullien in a press release.