Houghton to Acquire Shell Metalworking, Metal Rolling Oils Business
Houghton International Inc., a global manufacturer and supplier of industrial fluids and chemical management services, signed an agreement to acquire the Shell Metalworking and Metal Rolling Oils business. The transaction, anticipated to close in early 2011, is subject to regulatory approval. Houghton and Shell Metal Working and Metal Rolling Oils are prominent specialty fluid manufacturers in the global metalworking and metal-rolling fluids marketplace. The transaction will better enable Houghton to provide its global technology and application capabilities to a broader customer base.
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