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New strategic owner

Dörken acquires J.W. Ostendorf from Fidelium Partners

Final signing: Phillip Wagner (l.), Operating Partner at Fidelium Partners and Managing Director of JWO during thetransformation period, and Thorsten Koch, Member of the Executive Board of Ewald Dörken AG and CEO of Dörken Coatings.(Source: J.W. Ostendorf)
Final signing: Phillip Wagner (l.), Operating Partner at Fidelium Partners and Managing Director of JWO during thetransformation period, and Thorsten Koch, Member of the Executive Board of Ewald Dörken AG and CEO of Dörken Coatings.
16.10.2026
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The German paint manufacturer J.W. Ostendorf is being acquired by the Dörken Group. The private equity firm Fidelium Partners had only acquired it in 2024 from the Danish coatings manufacturer Hempel. According to a press release from Ostendorf, Dörken is a long-term strategic owner that intends to drive the company’s successful development whilst preserving its identity and established strengths. Ostendorf is particularly active in the DIY sector as a supplier of private-label products.

The German Dörken Group is an internationally active family-owned business based in Herdecke. The Dörken Coatings division offers coating and paint solutions for professional trades – including the Lucite and CWS Wertlack brands – as well as paste technology, industrial and specialist applications.

The development and marketing of products for the professional market, as well as the production of pigment…

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