Active Ownership of Hempel Group
The Hempel Foundation is the majority owner of Hempel A/S, a global coating company.
Background
According to the trust deed, the Foundation's object is to:
“secure and reinforce the financial platform for the continued existence and development of the businesses operated by Hempel A/S and its affiliates on a commercially and financially sound basis.”
The Hempel Foundation has been the sole owner since its establishment in 1948. In 2024, the Hempel Foundation invited CVC Funds to become a minority investor in Hempel A/S to help accelerate Hempel’s ambitious long-term organic and inorganic growth strategy.
An illustration of the Hempel Group can be seen here:
The Role of the Foundation, Our Values, and Objectives
The Foundation aims to be an active and engaged owner, supporting the fulfillment of the following objective:
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To support the development of Hempel A/S into one of the world’s largest and most sustainable coating companies, which, through its operations and results, contributes to a more sustainable world.
The Foundation’s role is to set the overall structure and principles for the company’s long-term development and to monitor that this development aligns with these objectives.
The Foundation promotes the following values in its ownership:
Ambition
The Hempel Foundation is ambitious and supports Hempel A/S in striving to achieve its full potential.
Responsibility
The Hempel Foundation is committed to acting responsibly and supports Hempel A/S in doing the same.
Long-Term Perspective
The Hempel Foundation will be the controlling owner of the Hempel Group indefinitely. Therefore, the Foundation focuses on long-term value creation. For this reason, the Foundation supports Hempel A/S in maintaining a strong emphasis on research and development. The Foundation prioritizes long-term strategic initiatives and has limited appetite for high-risk, short-term measures.
Sustainability
The Hempel Foundation strives for the Hempel Group to benefit society and contribute to a more sustainable world. This is achieved through the Foundation’s philanthropic work and by supporting Hempel A/S in becoming a global market leader in sustainability.
