Following the successful sale of paint producer J.W. Ostendorf along with its subsidiaries to Fidelium Partners, the company announces its new leadership team and organisational structure under the new ownership: Jens Ostendorf, who previously managed the subsidiary Renaulac, will step into the role of Chief Commercial Officer (CCO), overseeing all sales activities. “By delivering exceptional service, embracing sustainable and innovative technologies, and fostering close partnerships with our retailers, we will continue to strengthen our market position and provide our customers with the best products and solutions,” said Jens Ostendorf.
Christian Mascher will join the leadership team as Interim Chief Financial Officer (CFO). He brings over 20 years of experience in finance and IT across various industries and leadership roles into the company. Philipp Wenzel, formerly Head of Marketing Europe, will assume the role of Chief Solution Officer (CSO), overseeing Marketing, Project Management, and Research & Development. With more than 30 years of experience in supply chain management, Christian Laukamp will take onthe role of Chief Operating Officer (COO), with responsibility for Production, Quality Management, Logistics, and Procurement. Rounding out the team is Stefan Heymann, who will serve as Director of People & Culture. Bringing over 35 years of Human Resources experience, Stefan will drive the personnel strategy across the group and work to strengthen the company’s culture.
Hempel A/S has formalised the sale of J.W. Ostendorf, along with its subsidiaries FLT Handel und Service and Renaulac in France, to Fidelium Partners, effective 1 August 2024. The transaction encompasses the cutting-edge production facility in Coesfeld, Germany, along with approximately 550 employees across domestic and international locations. “This partnership gives us the opportunity to rebuild J.W. Ostendorf as an independent company. We will fully leverage our strengths, form strategic partnerships, and utilize our unique technological capabilities to continue developing innovative and sustainable solutions for our customers”, said CEO Jan Ostendorf. Uli Lorenz, Managing Director at Fidelium Partners, commented: “With the acquisition of J.W. Ostendorf, we aim to establish a strong footprint within the European decorative paint market.”