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Crown Paints is a major paint manufacturer based in Darwen, Lancashire. It is owned by Hempel Group.

Crown Paints
Private
IndustryDecorating
FoundedLate 1850s
HeadquartersDarwen, Lancashire
ProductsPaint
ParentHempel Group
Websitewww.crownpaint.co.uk

HistoryEdit

The origins of the business lie in the history of paint making in Darwen which can be traced back to the late 1850s.[1] It initially traded as WalPaMur after the initials of The Wall Paper Manufacturers' Company.[1][2] The company traded independently as Crown Berger for over a century before it was taken over by Williams Holdings in 1987[3] and then by Akzo Nobel in 1990.[4]

It was sold in a management buyout backed by the private equity firm Endless in August 2008, in a deal to satisfy the European Union's concerns of a possible monopoly after Akzo Nobel's takeover of ICI.[5][6] The company were once sponsors of Liverpool F.C. and Blackburn Rovers F.C.[7] In June 2011, the company was acquired by Danish paints manufacturer, Hempel Group.[8]

ReferencesEdit

  1. ^ a b "Paint making". Cotton Town. Retrieved 2009-01-31.
  2. ^ Room, Adrian. Dictionary of Trade Name Origins. Retrieved 2009-01-31.
  3. ^ Rudd, Nigel (1991-04-01). "Nigel Rudd, My best deal". Management Today. Retrieved 2009-01-31.
  4. ^ "Significant dates". Flint Group. Retrieved 2009-01-31.
  5. ^ Tyler, Richard (2008-08-03). "Akzo Nobel give up Crown Paints". Daily Telegraph. Telegraph Media Group. Retrieved 2008-11-16.
  6. ^ Feddy, Kevin (2008-08-20). "Endless backs Crown Paints buyout". Manchester Evening News. MEN Media. Retrieved 2008-11-16.
  7. ^ Henfield, Sally (2008-08-20). "565 Darwen jobs secured after Crown Paints buy-out". Lancashire Telegraph. Newsquest Media Group. Retrieved 2008-11-16.
  8. ^ "Hempel splashes out for Crown Paints". The Independent. 10 June 2011. Retrieved 15 April 2017.

External linksEdit