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Hempel A/S Completes Divestment of J.W. Ostendorf and Renaulac

The new owner, Fidelium Partners, has taken over the production site in Germany and stores in France, together with approximately 500 employees.

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

Hempel A/S has completed the divestment of its J.W. Ostendorf and Renaulac business in France and Germany to Fidelium Partners, having received approval from the relevant authorities. Hempel A/S announced the intended divestment in May 2024. Transactional details will remain confidential, according to the terms of the agreement.

The new owner, Fidelium Partners, has taken over the production site in Germany and stores in France, together with approximately 500 employees and a portfolio of customers.

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