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Master Fluid Solutions, a global leader in metalworking fluids and associated chemicals manufacturing based in Perrysburg, Ohio, has announced its acquisition of Wilhelm Dietz GmbH & Co. KG based in Düsseldorf, Germany. Wilhelm Dietz GmbH & Co. KG primarily serves the needs of the pipe and tube expansion, cold forming, corrosion protection and metalworking industries under its WEDOLiT brand name.
"I'm delighted that we have reached an agreement that contributes to our strategic goals in Europe, adding an experienced team, a German manufacturing location and complementary products to our portfolio," Master Fluid Solutions President, CEO and Board Member Michael McHenry said. "This is an extraordinary opportunity to bring on board a company with a strong legacy of innovation, customer service, and industry expertise to the Master family, enhancing value to our customers and channel partners."