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AU 457332 | Enterprise Profile

Hempel Newco (Australia) Pty Ltd

IW
IBISWorld Research Department
Analyst Australia

Wattyl is a Proprietary Company that generates the majority of its income from the Paint & Coating Manufacturing industry. In 2024 the company generated total revenue of $276,730,000 including sales and other revenue. In 2024 Wattyl had 787 employees including employees from all subsidiaries under the company's control. The Chief Executive of Wattyl is Mr Matthew Crossingham whose official title is Managing Director. The Chairman of Wattyl is either not applicable or not available. Hempel Newco (Australia) Pty Ltd, trading as Wattyl, supplies paint and coating solutions across Australia and New Zealand. The company supplies its services to a range of customers in the decorative, marine, infrastructure and energy industries. Hempel Newco (Australia) Pty Ltd offer products under the followning brands: SolaGard Wattyl I.D Advanced Wattyl Preps & Enamels Wattyl Ultra Wattyl Trade Wattyl Granosite Wattyl Killrust SolverThe company also offers a range of accessories including brushes and rollers under its brand, Purdy.

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What's included in this industry analysis

IBISWorld's research coverage on the Hempel Newco (Australia) Pty Ltd includes market sizing, forecasting, data and analysis. The most recent publication will be as current as of March 2026.

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Company Details

What’s this enterprise profile about?

Hempel Newco (Australia) Pty Ltd, trading as Wattyl, operates under the ABN 98 647 861 345 and was incorporated on 11 February 2021. Hempel Newco (Australia) Pty Ltd primarily operates in the Paint & Coating Manufacturing industry in Australia.

Key Personnel

What’s included in the Key Personnel chapter?

The Key Personnel chapter outlines the principal leadership positions within Hempel Newco (Australia) Pty Ltd, including the Chairman, Board members, Chief Executive Officer, and other key management personnel. It provides an overview of the company’s governance and executive structure, along with a breakdown of gender diversity across leadership roles, offering insight into the composition of the organisation’s senior team.

Financials

What’s included in the Financials chapter?

The Financials chapter presents Hempel Newco (Australia) Pty Ltd’s historical financial performance, including detailed profit and loss statements outlining sales revenue, cost of sales, and profitability. It also incorporates balance sheet data, providing a breakdown of assets and liabilities, as well as additional financial metrics such as the number of shares on issue. Together, these disclosures offer a comprehensive view of the company’s financial position and performance over time.

Growth & Ratios

What’s included in the Growth & Rations chapter?

The Growth & Ratios chapter provides historical data on key financial performance indicators, enabling an assessment of the company’s operational efficiency, profitability, and financial structure over time. Metrics covered include return on equity, return on assets, profit margins, revenue per employee, as well as gearing and leverage ratios, offering a comprehensive view of performance trends and capital management.

Operating Segments

What’s included in the Operating Segments chapter?

The Operating Segments chapter provides an overview of the revenue composition and asset allocation across the various industries in which Hempel Newco (Australia) Pty Ltd operates. It offers insights into how the company’s financial performance is distributed among its core business segments, highlighting the relative contribution of each industry to total revenue.

Competitor Benchmarking

What’s included in the Competitor Benchmarking chapter?

The Competitor Benchmarking chapter includes a comparative assessment of Hempel Newco (Australia) Pty Ltd’s key financial, growth, and valuation ratios against industry averages to evaluate its competitive position. It analyses valuation metrics such as price-to-earnings, price-to-book, enterprise value to EBITDA, and enterprise value to sales, alongside core financial indicators including liquidity ratios and profitability measures.

Shareholders

What’s included in the Shareholders chapter?

The Shareholders chapter provides a breakdown of the ownership structure of Hempel Newco (Australia) Pty Ltd, identifying key shareholders and outlining their respective ownership interests. This section offers insight into the concentration of shareholdings, the presence of institutional or strategic investors, and the overall distribution of equity within the company.

Subsidiaries

What’s included in the Subsidiaries chapter?

The Subsidiaries chapter provides an overview of the companies and business entities that are wholly or partially owned by Hempel Newco (Australia) Pty Ltd. It outlines the ownership structure of each subsidiary, offering insight into the broader corporate group and how these entities contribute to the company’s overall activities and performance.

History

What’s included in the History chapter?

The History chapter presents a overview of Hempel Newco (Australia) Pty Ltd’s development, highlighting key milestones and significant corporate events since its incorporation. It includes the company’s incorporation date and outlines major strategic, operational, and structural developments, providing context for its evolution and current market position.

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Frequently Asked Questions

What is Hempel Newco (Australia) Pty Ltd?

Hempel Newco (Australia) Pty Ltd, trading as Wattyl, supplies paint and coating solutions across Australia and New Zealand. The company supplies its services to a range of customers in the decorative, marine, infrastructure and energy industries. Hempel Newco (Australia) Pty Ltd offer products under the followning brands: SolaGard Wattyl I.D Advanced Wattyl Preps & Enamels Wattyl Ultra Wattyl Trade Wattyl Granosite Wattyl Killrust SolverThe company also offers a range of accessories including brushes and rollers under its brand, Purdy.

What industry does Hempel Newco (Australia) Pty Ltd operate in?

Hempel Newco (Australia) Pty Ltd, trading as Wattyl, is a Private Company that generates the majority of its income from the Paint & Coating Manufacturing industry in Australia.

Where is Hempel Newco (Australia) Pty Ltd located?

Murray Cod Australia Limited company is based at 60 Martin Place, Sydney, New South Wales, Australia.

Who is the CEO of Hempel Newco (Australia) Pty Ltd?

The Managing Director of Hempel Newco (Australia) Pty Ltd is Not Available and the Managing Director is Matthew Crossingham.

What was Hempel Newco (Australia) Pty Ltd’s revenue in 2025?

In 2025, Hempel Newco (Australia) Pty Ltd generated total revenue of approximately $276.7 million.

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