StageAcquired Unit | Acquired
About Castrol - Germany
Castrol provides fluid management services for customers in the automotive and mechanical engineering sectors as well as other industries. The company was founded in 1899 and is based in Mönchengladbach, Germany. On April 12th, 2022, Castrol - Germany was acquired by Leadec. The terms of the transaction were not disclosed.
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Latest Castrol - Germany News
Apr 12, 2022
Stuttgart (Germany), 12 April 2022 – Leadec, a portfolio company of Triton Fund IV and one of the leading providers of technical services in the automotive and manufacturing industries, has acquired Castrol Industrie und Service GmbH as of April 1, 2022. The company, previously a service subsidiary in the German Castrol business, provides fluid management services for customers in the automotive and mechanical engineering sectors as well as other industries. The acquisition is a further step in the Europe-wide service partnership for industrial customers that Leadec and Castrol concluded in 2021. “Customers benefit from the combination of our lubricant and service expertise in the manufacturing industry. As a service specialist for the factory, we provide services on site, which is why Castrol Industrie und Service GmbH fits perfectly into our portfolio,” says Markus Glaser-Gallion, CEO of the Leadec Group. “This allows both partners to focus on their core competencies and together provide a forward-looking complete package.” Castrol Industrie und Service GmbH has its headquarters in Mönchengladbach. The workforce of around 80 has been working for over 200 customers and at currently 35 locations throughout Germany for more than 20 years. Services include fluid management services, in particular chemical management services (CMS), with the Industry 4.0 fluid management system Castrol SmartControl being used in many places. “Castrol and Leadec complement each other perfectly in terms of locations, customer base and competencies. This allows us to jointly offer engineering and planning, standardized on-site services and industrial lubricants to our customers across the whole country. The aim is to reduce the total cost of ownership (TCO) and drive sustainable solutions through more efficient fluid management,” explains Mathieu Boulandet, Managing Director of Castrol Germany GmbH. Added to this is the combined experience of the two partners in condition monitoring, predictive maintenance and other services for the factory of the future. Leadec and Castrol currently offer fluid management services as part of their service partnership across Europe. In the long term, they will be available to customers worldwide.
Castrol - Germany Frequently Asked Questions (FAQ)
When was Castrol - Germany founded?
Castrol - Germany was founded in 1899.
Where is Castrol - Germany's headquarters?
Castrol - Germany's headquarters is located at Erkelenzer Str. 20, Monchengladbach.
What is Castrol - Germany's latest funding round?
Castrol - Germany's latest funding round is Acquired Unit.
Who are the investors of Castrol - Germany?
Investors of Castrol - Germany include Leadec.
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