Quaker Chemical Becomes a Leading Die Casting Lubricant Provider in the US; Acquires G.W. Smith & Sons Inc.

Brazil - Português

Latin America - español

News provided by

Oct 04, 2011, 08:00 ET

CONSHOHOCKEN, Pa., Oct. 4, 2011 /PRNewswire/ -- Quaker Chemical Corporation (NYSE: KWR) announced yesterday it acquired G.W Smith & Sons Inc. Based in Dayton, Ohio, G.W. Smith & Sons is a leading North American manufacturer and distributor of die cast lubricants, metalworking lubricants, and machining fluids that has been a leading innovator in the die cast lubricant industry for over 70 years.

Michael F. Barry, Quaker's CEO, commented, "G.W. Smith & Sons is an excellent strategic fit for Quaker, as it is complementary to our existing business. Many of our customers have die casting and related operations. We are excited about the prospect of offering G.W. Smith and Sons' complementary product line to our existing customers, both in the US and globally, as well as offering our metalworking products to G.W. Smith's customers."

G.W. Smith & Sons will operate as a stand-alone subsidiary of Quaker, and continue to be led by Victor Smith, Jr., President. "We are excited to become part of a much larger company, as it will give us direct access to additional resources and a broader base of skilled associates from around the globe. This added talent, knowledge, and expertise will help us to better serve the needs of our customers," comments Victor Smith, Jr.

Quaker will be able to offer its QUAKERCOOL® coolants, QUINTOLUBRIC® hydraulic fluids and specialty greases to G.W. Smith & Sons customers, while G.W. Smith & Sons will be able to offer their DIE SLICK® release agents, PLUNGER SLICK® plunger lubricants and HYDRO SLICK® machining fluids to Quaker customers.

"Many customers will be able to take advantage of 'one-stop shopping' and buy a more complete package of products from both Quaker and G.W Smith & Sons," adds Joseph Berquist, Vice President and Manager Director for Quaker North America.

For more information on Quaker Chemical, please visit www.quakerchem.com. For more information on G.W Smith & Sons, please visit http://www.gwsmithandsons.com.

Quaker Chemical Corporation is a leading global provider of process chemicals, chemical specialties, services, and technical expertise to a wide range of industries – including steel, aluminum, automotive, mining, aerospace, tube and pipe, coatings and construction materials. Quaker's products, technical solutions, and chemical management services enhance customers' processes, improve product quality, and lower costs. Quaker's headquarters is located near Philadelphia in Conshohocken, Pennsylvania.

SOURCE Quaker Chemical Corporation