Hempel Expands With First Factory in Africa
LYNGBY, Denmark - Hempel has acquired its South African toll manufacturer, The Coatings Manufacturing Co. (TCMC), located near Johannesburg. Hempel South Africa has partnered with TCMC since 2011 to serve customers in the region. The partnership covered the HEMPATEX and HEMPALIN range of products.
The new plant in South Africa is one of four new factories that Hempel has added to its worldwide production footprint since 2014, as part of its One Hempel – One Ambition growth strategy.
Hempel inaugurated its first 100% waterborne coatings factory in the Middle East (Saudi Arabia) in February 2014 and a new factory in India in September 2014. In December 2014, as part of the acquisition of Schaepman, a Dutch supplier of specialized industrial, protective and decorative coatings, Hempel gained a new production facility in the Netherlands.
Last month, the company also signed a binding agreement to acquire Jones-Blair Co., a leading North American coatings supplier for the protective and waterproofing markets.