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Quaker Chemical Corporation

Quaker Chemical Acquires Summit Lubricants Inc.

January 5, 2011 By admin

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Quaker Chemical Corporation (NYSE: KWR) announced that it has acquired Summit Lubricants Inc., a leading specialty grease manufacturer, effective December 31, 2010. The purchase price of$30 million approximates Summit Lubricants’ anticipated 2011 net sales. The acquisition is expected to be accretive to earnings in 2011. Summit Lubricants is a North American manufacturer and distributor of specialty greases […]

Filed Under: Industry News Tagged With: Quaker Chemical Corporation, Summit Lubricants Inc

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