Farrow & Ball
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Farrow & Ball is a British manufacturer of paints and wallpapers largely based upon historic colour palettes and archives. The company is particularly well known for the unusual names of its products.[1]Template:Better source needed
History
The company was started by John Farrow and Richard Maurice Ball in 1946 in Wimborne Minster, Dorset. Both Farrow and Ball had previously been chemists.[2][3][4] The company was the first manufacturer to switch to the production of 100 per cent water-based paints in 2010.[5]
Products
Paint
Farrow & Ball maintains an updated colour card of 132 colours,[6][7] plus 12 new paint colours and 3 new wallpaper patterns created with Christopher John Rogers.[8] The company has worked with the National Trust in formulating near-exact matches of colours used in the restoration of the interiors and exteriors of historic buildings.[9][10][11][12]
Wallpaper
Farrow & Ball produces wallpaper patterns made using traditional block, trough and roller methods with the company's own paint.[13]
Books
Farrow & Ball has produced several books; the British National Bibliography contains the following records:
- Paint and Colour in Decoration (2003)[14][15]
- Farrow & Ball The Art of Colour (2007)[16][17]
- Farrow & Ball Living with Colour (2010)[18][19]
- Farrow & Ball Decorating with Colour (2013)[20]
- Farrow & Ball How to Decorate (2016)[21]
- Farrow & Ball Recipes for Decorating (2019)[22]
Showrooms and stockists
The company has 63 showrooms[23] across the UK, US, Canada and Europe, as well as a global network of stockists carrying both paint and wallpaper.
In popular culture
Farrow & Ball has been lampooned in the US for its expense and preparation requirements on NBC's Saturday Night Live.[24]
In 2021, Channel 5 broadcast a one episode documentary about Farrow & Ball entitled Farrow & Ball: Inside the Posh Paint Factory.[25]
Corporate information
Ownership
In 2006, American Capital subsidiary European Capital Limited purchased Farrow & Ball for approximately £80 million by way of a management buyout.[26][27] Until its sale to European Capital Limited, Farrow & Ball remained a family business.[2] In 2014, Ares Management bought Farrow & Ball from European Capital Limited for £275 million.[28][29] In October 2020, Bloomberg reported that Ares Management was considering a potential sale of Farrow & Ball.[30] In May 2021, the Financial Times reported that Danish coatings manufacturer Hempel had agreed to purchase Farrow & Ball from Ares Management for approximately £500 million.[31] The sale was expected to complete in the second half of 2021.[32] On 26 August 2021, the Competition and Markets Authority (CMA) completed the phase one investigation it launched on 9 July 2021 and cleared the merger.[33] Following clearance by the CMA, the sale of Farrow & Ball by Ares Management to Hempel completed on 3 September 2021.[34]
Financial information
| Financial year | Turnover (£) | Gross profit (£) | Operating profit (£) | Profit after tax (£) | Total comprehensive income (£) |
|---|---|---|---|---|---|
| 2019/2020[35] | 76,574,000 | 54,264,000 | 19,763,000 | 16,030,000 | 16,402,000 |
| 2018/2019[36] | 73,915,000 | 52,100,000 | 18,336,000 | 14,773,000 | 14,773,000 |
| 2017/2018[37] | 73,451,000 | 53,164,000 | 19,770,000 | 15,919,000 | 15,919,000 |
| 2016/2017[38] | 74,934,000 | 54,474,000 | 22,781,000 | 17,854,000 | 17,854,000 |
| 2015/2016[39] | 65,684,000 | 47,221,000 | 18,391,000 | 15,577,000 | 15,577,000 |
References
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- ↑ Friedman, Joseph. Paint and Color in Decoration. Rizzoli New York: 2003. Template:ISBN.
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- ↑ Coleman, Brian D. Farrow & Ball The Art of Colour. Gibbs Smith Layton, Utah: 2007. Template:ISBN
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- ↑ Byam Shaw, Ros. Living with Colour. Ryland Peters & Small New York/London: 2010. Template:ISBN
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- ↑ Full accounts made up to 29 March 2020. Page 11. Available from find-and-update.company-information.service.gov.uk/company/00999927/filing-history
- ↑ Full accounts made up to 31 March 2019. Page 9. Available from find-and-update.company-information.service.gov.uk/company/00999927/filing-history
- ↑ Full accounts made up to 31 March 2018. Page 9. Available from find-and-update.company-information.service.gov.uk/company/00999927/filing-history
- ↑ Full accounts made up to 31 March 2017. Page 8. Available from find-and-update.company-information.service.gov.uk/company/00999927/filing-history
- ↑ Full accounts made up to 31 March 2016. Page 8. Available from find-and-update.company-information.service.gov.uk/company/00999927/filing-history
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Bibliography
Friedman, Joseph. Paint and Color in Decoration. Rizzoli New York: 2003. Template:ISBN.
External links
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- Color space
- Paint and coatings companies of the United Kingdom
- Color
- Historic preservation organisations in the United Kingdom
- Interior design
- English brands
- Chemical companies established in 1946
- British companies established in 1946
- 1946 establishments in England
- Companies based in Dorset