Leadec acquires Castrol Industrie und Service GmbH
Stuttgart (Germany), 12 April 2022 – Leadec, a portfolio company of Triton Fund IV and one of the leading providers of technical services in the automotive and manufacturing industries, has acquired Castrol Industrie und Service GmbH as of April 1, 2022. The company, previously a service subsidiary in the German Castrol business, 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.
“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. The workforce of around 80 has been working for over 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,” explains 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.
Leadec is the leading global service specialist for factories across their entire life cycle and related infrastructure. The company, which is headquartered in Stuttgart, employs about 20,000 people worldwide. In 2021 Leadec earned sales of around EUR 940 million. For 60 years, Leadec has been supporting its customers along the entire production supply chain. The service provider is based at more than 300 sites, often directly at the customers’ plants and facilities.
Leadec’s global services comprise: Engineer (Production Planning & Optimization, Automation and Production IT), Install (Electrical Installation, Mechanical Installation and Relocation), Maintain (Production Equipment Maintenance and Technical Cleaning), Support (Technical Facility Management, Infrastructural Facility Management and Logistics) as well as other local services. The Leadec.os digital business platform is used to record all processes end-to-end and integrate further digital services.
For more information: www.leadec-services.com
Since its establishment in 1997, Triton has sponsored ten funds, focusing on businesses in the industrial tech, services, consumer and healthcare sectors. The Triton funds invest in and support the positive development of medium-sized businesses headquartered in Europe.
Triton seeks to contribute to the building of better businesses for the longer term. Triton and its executives wish to be agents of positive change towards sustainable operational improvement and growth.
The 49 companies currently in Triton's portfolio have combined sales of around EUR 18 billion and employ around 104,000 employees.
For more information: www.triton-partners.com