Hempel to acquire Jones-Blair

Hempel has announced the signing of a binding agreement to acquire Jones-Blair Company, a leading North American supplier for the protective and waterproofing markets. With the proposed acquisition, Hempel can look forward to a significant expansion of its North American business in accordance with its global growth strategy.

Jones-Blair’s business is focused on two distinct markets: Oil & Gas (industrial coatings) and Construction, especially waterproofing through the Neogard brand. The transaction is expected to close early this month (March).