News Desk UK
Oct 7, 2015
Tricel announces new acquisition of Finol Oils
Tricel has announced that it has acquired Finol Oils based in Dublin. Finol Oils provide lubricant & maintenance products across a wide range of industries including Automotive, Commercial, Agriculture, Construction, Marine, Motorcycle, Industrial and Food Manufacturing, further diversifying Tricels product range.
The successful acquisition of Finol Oils adds 22 professionals, along with 9 area sales managers to Tricel’s workforce strengthening its technical capacity and capabilities in the distribution of Lubricant & maintenance products in a diverse number of industries. Together with the recent addition of Finol Oils to its portfolio, this acquisition further positions Tricel as a leading distributor of lubricant & maintenance products in Europe.
Mike Stack, CEO of Tricel has stated that “this acquisition enables us to continue expanding our product range in the Materials Division across a diverse range of industries. It is an integral part of our growth strategy acquiring businesses that reflect our culture and strengthen our product expertise in these industries, while providing clients with the level of quality and professionalism synonymous with the Tricel brand. We are delighted to welcome Finol Oils to our team”