Leading industrial lubrication specialist Aztec Oils Ltd, are pleased to announce the acquisition of the lubricant, prepacked fuel and contract packing business of Caldo Oils Ltd.
The terms of the acquisition will see Aztec procure Caldo's facilities at Worsley Brow, St Helens, along with the Devon distribution operations in Newton Abbot and Rhuddlan in North Wales. At the same time, Wardle based NWF Fuels will acquire the Caldo trading name and the bulk fuel business as a separate entity.
"This venture really excites us," said Managing Director Mark Lord, "It gives us a great opportunity to develop our retail packaged range, offering both Aztec branded products, whilst at the same time as growing our private label customers."
Following the acquisition, Aztec will oversee manufacturing from the Worsley Brow site, which will continue to produce the Hallett Steam Oils Brand under Caldo's recent rename Multispec Ltd.
Aztec Oils manufacture and distribute specialist lubricants to a wide range of industrial sectors and are fully committed to building long term relationships with their ever-growing number of worldwide customers.
