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 […]
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