Announced
Completed
Synopsis
CIN, a company specializing in the architectural and protective coatings segments, completed the acquisition of Hempel Industrial, a coating systems for heavy duty equipment manufacturer, from Hempel, a coatings specialist. Financial terms were not disclosed. “The acquisition of Hempel Industrial B.V. in the Netherlands represents another important step in CIN’s European growth strategy, solidifying our presence in a key region and laying a strong foundation for future expansion and competitiveness. Reviving the Schaepman brand reflects our respect for its historic legacy and aligns with our vision for innovation and delivering high-quality, specialized solutions. These shared values will continue to guide CIN as we expand our footprint across Europe,” João Luís Serrenho, CIN Vice President.
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