Tricel – a global provider of high performance solutions for the Water, Environmental, Construction and Material Industries- 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.
With manufacturing locations in 5 countries across Europe, Tricel possess a broad and distinct range of capabilities which enable the company to supply a comprehensive range of products to over 50 countries worldwide. Tricel has evolved from its beginnings as a manufacturer of GRP products into a successful multinational corporation whose operating divisions include Water Storage, Environmental, Construction and Materials.
The 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”