Ares Management Announces Sale of Farrow & Ball to Hempel Group
Farrow & Ball is an iconic paint and wallpaper brand with a 75-year British heritage. Recognized as the authority on colour and interior design inspiration, Farrow & Ball has become the premium brand of choice for consumers, designers and cultural institutions around the world. Its paints are crafted with rich pigments and precise techniques to deliver unmatched depth and consistency of colour. All Farrow & Ball paints have an eco-friendly water base, are categorized as low or minimal VOC and score an A+ Indoor Air Quality rating. The brand has a highly engaged consumer base, which now includes an industry leading social media following. It is available worldwide – in 60 Farrow & Ball showrooms, over 1,700 third party retail locations and through a rapidly growing e-commerce business.
“Since acquiring Farrow & Ball in 2014, we are proud to have partnered with the company during a period of significant value creation,” said
“We had the privilege of stewarding an iconic consumer brand,” added
“We very much appreciate the support and collaboration with the Ares Private Equity team over the last six years,” said
The transaction is expected to close in the second half of 2021 and is subject to customary closing conditions.
About Farrow & Ball
From the signature chalky matt of Estate Emulsion to the durability of washable Modern Emulsion, each high-performance finish is crafted with a blend of up to five pigments and an eco-friendly water base, creating an extraordinary depth of colour, a beautiful finish, and a product that’s safer for your world and all who share it.
Between its eco-friendly formulas, recyclable materials, responsibly sourced ingredients, and sustainable business practices, Farrow & Ball is committed to reducing its impact on the earth without compromising on quality.
As a world-leading supplier of trusted coating solutions, Hempel is a global company with strong values, working with customers in the decorative, marine, infrastructure and energy industries. Hempel factories, R&D centres and stock points are established in every region.
Hempel’s paints and coatings protect and beautify buildings, infrastructure and other assets, and play an essential role in our customers’ businesses. They help minimise maintenance costs, improve aesthetics and increase energy efficiency.
At Hempel, our purpose is to shape a brighter future with sustainable coating solutions. We firmly believe that we will succeed as a business only if we place sustainability at our heart. Not only is it the right thing to do, it will strengthen our competitive position, make ourselves more resilient and reduce our risk.
Hempel was founded in
Farrow & Ball