"The combination of these two businesses will provide stronger industry expertise and offer innovative solutions to our combined customer base. Both Houghton and Wallover have succeeded in serving the metalworking fluids market for over 150 years through their commitment to product innovation and customer success.  Houghton will now deepen this commitment towards improving customers' operations and performance with advanced fluid solutions," added Jeewat Bijlani, President of Houghton Americas.

Wallover produces and sells a diverse portfolio of fluid products into industrial end markets throughout the U.S. 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.

Terms of the Wallover transaction were not disclosed.
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