Milacron's Cimcool unit acquires metalworking fluids maker Starchem

11/09/2010

The acquisition of the metalworking fluids business of Starchem Inc. by Cimcool Industrial Products (Cincinnati, OH), a Milacron company and global supplier of metalworking fluids, is described by Cimcool's president Robert McKee as a clear message that the company is growing and well positioned to serve an expanding global customer base. Purchase price was not disclosed.

Starchem, headquartered in Mason, OH, has distributors throughout the USA and licensees in Europe, which Cimcool says continues the expansion of its global network of metalworking fluid businesses. In addition, Cimcool says that Starchem's business model is compatible, particularly its focus on providing technology solutions to customers.
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