Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 Hempel Announces Divestment of Blome International - Coatings World

What are you searching for?

Sign in
Breaking News, Paint & Coatings Manufacturer News

Hempel Announces Divestment of Blome International

By: Catherine Diamon

Global coatings supplier Hempel has announced the divestment of Blome International, a US-based corrosion control products manufacturer.

Danish-based Hempel acquired Blome International in 2012 in order to gain technologies and linings critical to its business, including products that are now a part of Hempel’s Versiline range of high performance linings for aggressive industrial environments. Hempel has now integrated these linings into its global product assortment especially within its focus segments of Rail, Oil & Gas and Power Generation. Hempel is now divesting the other brand, Blome International, while keeping the Versiline range of linings.

Blome International will be re-launched as a standalone independent company, under the leadership of Andy Bernard, former Vice President of Blome International. The new arrangement allows Blome International to focus on its core business of engineered high performance corrosion control products within their key segments of Power Generation, Pulp & Paper, and Chemical Production.

This divestiture enables Hempel to focus on its global “Journey to Excellence” strategy while retaining the key lining technologies for its business that were acquired from Blome. Hempel will continue to deliver these linings under the Versiline brand.
Under the terms of the transaction, there will be a transition period of six months.
By mutual agreement, the terms of the deal will not be disclosed.

Add us as a preferred source on Google

Get the latest Coatings World news, insights and analysis in your Google Search and AI experiences.

Add Coatings World as a preferred source on Google (opens in a new tab)

Keep Up With Our Content. Subscribe To Coatings World Newsletters

Topics