Lubrizol Corp. To Acquire Warwick Chemicals

The Lubrizol Corporation has signed an agreement to purchase Warwick Chemicals, a supplier of stain removal technology with hygiene benefits. The transaction includes all intellectual property, trademarks and customer lists of Warwick Chemicals. The transaction also includes Warwick Equest, a manufacturer of test swatches for fabric cleaning.

Financial terms of the agreement were not disclosed.

Headquartered in Mostyn, North Wales, Warwick Chemicals has strong positions with global and regional detergent producers. Their products are an essential element in laundry detergent powders and automatic dishwashing products used across five continents and in more than 50 countries.

“Consistent with our long-term strategy and vision, we are always seeking to expand our portfolio with technologies that provide solutions, add value to our customer’s products and deliver consumer benefits,” said Rick Tolin, vice president and general manager of Lubrizol Personal and Home Care.  “The acquisition of Warwick will complement Lubrizol’s strong portfolio of rheology modifiers, functional polymers and surfactants, and will place us in an excellent position to offer integrated solutions to our customers.”

Warwick Chemicals, which will retain its name, will report to Lubrizol’s personal and home care business.