Member News: Quaker Chemical Corporation and Houghton International to Combine

NFPA member news is designed to inform members of key industry updates in quick, bite-sized posts that provide only the most important information. This week’s update comes from Quaker Chemical Corporation.

Quaker Chemical Corporation, a provider of process fluids and chemical products, is set to combine with Houghton International, a company involved in the primary metals and metalworking industries. Houghton International is owned by the Hinduja group. Both Quaker Chemical and Houghton International are headquartered in the Philadelphia area. The combination of companies will help better serve customers in various industries, such as automotive, aerospace, heavy equipment, mining, and offshore, as well as in growing markets, such as India, Korea, Japan, and Mexico. The agreement was approved by each company’s Board of Directors. Once the transaction is complete, the new company will have 12 people on its Board of Directors – 9 from Quaker Chemical and 3 nominated by the Hinduja Group.

Read the full release here.

Is your company making news? Let us know! Send your press releases regarding acquisitions, key personnel changes, moves, and expansions to Katrina Schwarz at kschwarz@nfpa.com.

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