The Fuchs Group acquired Zimmark Inc., a Canadian company offering services in the lubricants and chemicals process management space to improve manufacturing plant production efficiency, effective Nov. 1. Terms were not disclosed.
Based in Burlington, Ontario, Zimmark employs 60 people and generated 4 million (U.S. $4.4 million) in sales in fiscal year 2018, all of that in North America. The acquired business will operate as a separate chemicals process management division of Fuchs North American industrial business, according to a Fuchs news release.
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