LubriSource purchased IFH Group’s global fluid storage and dispensing product line – long used by industries handling oils, lubricants and industrial fluids – and said it was part of its growth strategy to introduce its brand and expertise to customers globally. Terms of the sale were not disclosed.
Middletown, Ohio-based LubriSource provides automated lubrication equipment, system design and maintenance services to the industrial lubrication industry. IFH Group, based in Rock Falls, Illinois, was formerly known as Sauk Valley Equipment Co. and is considered the originator of fluid handling solutions.
IFH Group’s fluid storage and dispensing product line will now be sold under the LubriSource Fluid Handling and Dispensing brand name.
“We are a long-time distributor of the former IFH line, so we already have the technical expertise, knowledge and service infrastructure to support it,” LubriSource President Angela Morrow said in a press release. She noted that the product segment was complementary to the maintenance and system design services the company provides to the industrial lubrication industry.
Morrow said the acquisition is part of LubriSource’s growth strategy. “These products are used across industries, included, but not limited to, steel mills, automotive, pulp and paper, utilities, military, and food and beverage, some are even on submarines,” she said. The product line will introduce its brand and expertise to new customers worldwide, she added.
The product line includes several standard storage and dispensing systems for oils and industrial fluids and the ability to customize designs. The systems are touted as safer, cleaner and most cost-effective and space-efficient than traditional 55-gallon drum storage. It also features a spill containment system and sight gauges for inventory control.
The product line also includes mobile handling carts to carry lube containers.