This acquisition marks Houghton’s latest strategic investment in the specialty metalworking and industrial fluids segment that enables the company to better serve North American manufacturers.

A Hinduja Group company, Houghton International, subsidiary of Gulf Oil International, announced that it has acquired Wallover Enterprises, a North American metalworking fluid and industrial lubricant manufacturer, incorporated in 1863 and headquartered in Strongsville, Ohio. This acquisition marks Houghton’s latest strategic investment in the specialty metalworking and industrial fluids segment that enables the company to better serve North American manufacturers.

However, terms of the Wallover transaction were not disclosed.

“With this acquisition Houghton deepens its leadership in Metalworking fluids and Industrial Lubricants by broadening its product portfolio. It now gives Houghton a platform to enhance its customer service to a different level altogether,” said Sanjay Hinduja, Chairman, Gulf Oil International.

“This acquisition enables us to significantly improve our metalworking solutions capability for its customers,” said Houghton CEO Mike Shannon.

“The combination of these two businesses will provide stronger industry expertise and offer innovative solutions to our combined customer base,” added Jeewat Bijlani, President of Houghton Americas.

Wallover produces and sells fluid products in industrial end markets throughout the US and Canada and provides advanced technical and applications expertise in electrical discharge machining (EDM) fluids and stainless steel cold rolling oils. The company’s specialty fluid products, sales teams and technology resources will complement and expand Houghton’s advanced fluid solutions for its customers in North America.