Total Lubrifiants has strengthened its presence in the industrial lubricants market with the acquisition of a number of business units from Houghton International.
Total has acquired the aluminum hot rolling oil, steel cold rolling oil and tinplate rolling oil activities in the North American and European Economic Area markets from Houghton.
The transaction includes the associated technical support services in both regions.
Philippe Charleux, senior vice president, lubricants and specialties at the marketing and services division of Total, says: “We believe that this acquisition will create value both for Total and our customers from these industries.
“It will strengthen our position in the industrial lubricants market, which is an important part of our strategic vision for the future.
“Geographically we are strengthening our strong presence in Europe and expanding our activities and market penetration in North America, especially the USA.”
With this specially formulated range of hot and cold rolling oils, cleaners and accompanying fluid management services, Total says it is broadening its product portfolio to offer customers a “fully integrated solution”.
Total has a long-standing history of providing value-added lubricants and maintenance solutions to the industry while meeting the highest safety and environmental standards.