Quaker Houghton Expands Advanced Solutions Portfolio Through its Acquisition of Dipsol Chemicals
Quaker Houghton (the "Company") (NYSE: KWR), the global leader in industrial process fluids, announced today that it has entered into a purchase agreement to acquire Dipsol Chemicals Co., Ltd., ("Dipsol") a leading supplier of surface treatment and plating solutions and services primarily for the automotive and other industrial applications, for 23 billion JPY (~$153 million at current rates), subject to post-closing adjustments. Dipsol is headquartered in Japan and operates globally with revenu