Quaker Chemical buys Spanish firm
Quaker Chemical Corp., of Conshohocken, said Thursday it paid $32.4 million to acquire Verkol S.A., a specialty grease and lubricants manufacturer in Spain. Verkol had $33 million in revenue last year. Quaker, which also makes lubricants and other processing fluids used mainly in metal-processing industries, such as can-manufacturing and die-casting, had $766 million in 2014 revenue. Verkol employs 64. Quaker employed nearly 2,000 at the end of last year.
Quaker Chemical Corp., of Conshohocken, said Thursday it paid $32.4 million to acquire Verkol S.A., a specialty grease and lubricants manufacturer in Spain. Verkol had $33 million in revenue last year. Quaker, which also makes lubricants and other processing fluids used mainly in metal-processing industries, such as can-manufacturing and die-casting, had $766 million in 2014 revenue. Verkol employs 64. Quaker employed nearly 2,000 at the end of last year.
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