Klüber Lubrication, a global leader in specialty lubricants, has acquired TriboServ GmbH & Co. KG, the German company specializing in the development of automatic lubricators and customized lubrication systems based in Geldersheim in the Franconia region. With this acquisition, Klüber Lubrication strategically expands its portfolio to secure further growth. The purchase price has not been disclosed.
Both companies view the partnership as an ideal complement to their respective strengths and expect significant growth potential, particularly through collaboration in sales, application engineering, and customer service.
“In Klüber Lubrication, we have found a strong partner who shares our vision and will further develop our technological strengths in a targeted manner. Together, we can open up new markets and expand our innovative capabilities”, says Dr. Michael Weigand, Founder of TriboServ.
Dr. Wolfgang Sammer, CEO of Klüber Lubrication, adds: “TriboServ is an excellent fit for our strategic focus on strengthening both innovation and customer benefits through targeted partnerships. The expertise of the TriboServ team, particularly in customized tribological solutions that combine specialty lubricants with lubrication systems, ideally complements our portfolio. We look forward to working together to deliver added value to our customers.”
The integration of TriboServ into the Klüber Lubrication Group will take place gradually over the coming months. Customers and partners of both companies will continue to receive the same high-quality products and services – with the added benefits of an expanded offering.