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Shell Lubricants acquires Allied Reliability
Pennzoil-Quaker State Company, a wholly-owned subsidiary of Shell USA, Inc. has signed an agreement to acquire 100% of TFH Reliability Group, LLC, the parent company of Allied Reliability Inc.
Allied Reliability provides maintenance and reliability services for manufacturing and process industries. It also provides asset performance management, reliability consultancy services and industrial products to business-to-business customers in North America.
“In addition to expanding the range of lubricants products we can offer customers, acquiring a proven credible player in the industrial services space allows us to offer a ‘products-plus-services’ model that can help customers drive improvements in performance and safety for their equipment,” said Executive Vice President of Global Lubricants, Machteld de Haan. “This fits in perfectly with our global lubricants strategy to grow our premium product offering and presence in the industrial sector, as well as, offer complementary services to deliver a strong value proposition for our customers.”
L-RKevin Bourbonnais, President at Allied Reliability and Steve Reindl, CEO Pennzoil-Quaker State Co and SVP at Shell Lubricants Americas
SOURCE | SHELL
Steve Reindl, CEO PennzoilQuaker State Co and SVP at Shell Lubricants Americas said: “We’re excited about the additional capabilities and expertise that Allied Reliability will bring to our organization; from technical advice to condition monitoring, predictive services and field support. For us to continue as the #1 global lubricant supplier, it’s important to continue to grow our premium product offerings and offer complementary services for our customers.” .