Leadec acquires Castrol’s fluid management unit in Germany
Leadec has acquired Castrol Industrie und Service GmbH effective April 1, 2022. The company, previously a service subsidiary of Castrol’s business in Germany, 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.
Their Europe-wide service partnership brought together robust solutions for Smart Factory with the next generation of fluid management, including offers relating to software-based solutions, condition monitoring, predictive maintenance and analytics.
Leadec is the leading global service specialist for factories across their entire life cycle and related infrastructure. The company, which is headquartered in Stuttgart, Germany, employs about 20,000 people worldwide. In 2021, Leadec’s annual sales were around EUR940 million (USD1.0 billion).
“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, Germany. The workforce of around 80 has been working for more than 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,” says 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.