FUCHS GROUP ACQUIRES IRMCO® TO EXPAND INVESTMENTAL PRODUCTS OFFER
author: Ann
2025-04-09
FUCHS Group officially announced the completion of the acquisition of IRMCO® Advanced Metal Forming Lubricant Technology Company in the United States. This move marks the further expansion of FUCHS Group in the field of industrial lubrication.
IRMCO® is a long-established family business founded by William O. Jeffery Sr. in Evanston, Illinois, USA in 1914. The company focuses on the research and development and manufacture of oil-free metal forming and tube bending lubricants, and is known for providing environmentally friendly solutions.
The acquisition will take effect on April 1, 2025. For FUCHS Group, the addition of IRMCO® is of great significance. On the one hand, it will greatly enhance its industrial product supply capabilities in multiple markets such as automotive stamping, tube bending, home appliance manufacturing and HVAC. IRMCO®'s advanced lubricant technology can complement FUCHS's existing product portfolio, providing sustainable solutions for industries around the world to meet their growing needs.
Jeff Jeffery, CEO of IRMCO®, said the company has a long history of adapting to the changing needs of the manufacturing market, and the integration with FUCHS will allow its products to reach a wider customer base in metal forming, assembly, cleaning and finishing through FUCHS's extensive global network.
Keith Brewer, CEO of FUCHS Americas, emphasized the strategic importance of the acquisition, saying that FUCHS aims to improve the reliability, productivity and profitability of its customers' businesses. By acquiring IRMCO®, FUCHS will further consolidate its position as a leading lubrication solutions provider in the industrial sector, and is expected to occupy a more advantageous position in future market competition.
IRMCO® is a long-established family business founded by William O. Jeffery Sr. in Evanston, Illinois, USA in 1914. The company focuses on the research and development and manufacture of oil-free metal forming and tube bending lubricants, and is known for providing environmentally friendly solutions.
The acquisition will take effect on April 1, 2025. For FUCHS Group, the addition of IRMCO® is of great significance. On the one hand, it will greatly enhance its industrial product supply capabilities in multiple markets such as automotive stamping, tube bending, home appliance manufacturing and HVAC. IRMCO®'s advanced lubricant technology can complement FUCHS's existing product portfolio, providing sustainable solutions for industries around the world to meet their growing needs.
Jeff Jeffery, CEO of IRMCO®, said the company has a long history of adapting to the changing needs of the manufacturing market, and the integration with FUCHS will allow its products to reach a wider customer base in metal forming, assembly, cleaning and finishing through FUCHS's extensive global network.
Keith Brewer, CEO of FUCHS Americas, emphasized the strategic importance of the acquisition, saying that FUCHS aims to improve the reliability, productivity and profitability of its customers' businesses. By acquiring IRMCO®, FUCHS will further consolidate its position as a leading lubrication solutions provider in the industrial sector, and is expected to occupy a more advantageous position in future market competition.
الفرق بين درجة حرارة عالية الشحوم الشحوم المشتركة
US tariffs and OPEC production increase lead to oil price plunge, triggering multiple shocks
