Jotun
Jotun Protects Property
Founded in 1926, Jotun is a global leader in the paint and coatings industry. The company operates across four segments: decorative paints, marine coatings, protective coatings, and powder coatings. Each segment offers distinct solutions, but shares the core vision Jotun Protects Property. Together with the Gleditsch family, Orkla ASA provides stable, active ownership that supports Jotun’s business journey every step of the way.
Ownership
42.7%
Ownership since
1972
Markets served
> 100
Employees
10,606
Revenues
NOK 34.2 bn
CEO
Morten Fon
Numbers from 2024
Ownership view
Orkla ASA invests in companies with strong brands that lead their categories, locally or globally. Jotun exemplifies this through its long-term performance, international presence, and disciplined expansion. With a stake held for more than 50 years, Orkla supports Jotun as a value-driven, independent company with a resilient business model and a clear focus on profitability through industrial excellence and strong local partnerships.
”Jotun is well positioned for further profitable growth, and we remain committed to our long-term strategy and investment plans.”
Jotun has developed into a market leader in the global paint and coatings industry. Our foundation is a strong corporate culture, stable ownership and a consistent strategy, allowing us to handle challenges and seize opportunities where we see them. We live in a world of uncertainty and geopolitical tension, but our setup with different business segments, a diversified product portfolio and multiple factories around the world provides great security for us. Jotun is well positioned for further profitable growth, and we remain committed to our long-term strategy and investment plans
Morten Fon, President and CEO.
Photo credit: Morgen Rakke