Decorative paints Hempel has signed a purchase agreement to acquire Farrow & Ball, British manufacturer of decorative paints and wallpapers with an annual turnover of more than EUR 100 million. The company's planned acquisition of Farrow & Ball from the private equity group of the Ares Management Corporation is intended to mark another step toward its self-imposed goal of doubling sales to more than EUR 3 billion by 2025. The transaction is subject to customary regulatory approvals and is expected to close in the second half of 2021. ...