Motorex USA Inc. Has Acquired Spectro Efficiency Oils

MOTOREX USA INC ACQUIRES SPECTRO PERFORMANCE OILS

Settlement contains all enterprise actions and mixing and storage operations in Brookfield CT

Acquisition efficient February 20, 2023

SPECTRO enjoys a wonderful fame within the aftermarket for bike equipment within the USA and worldwide

MOTOREX USA INC, the US-affiliate of Swiss-based MOTOREX GROUP, has agreed with Intercontinental Lubricants Company from Brookfield CT to accumulate the SPECTRO PERFORMANCE OILS enterprise. The deal contains all nationwide and worldwide actions in addition to the mixing and storage facility in Brookfield CT and will likely be efficient by February 20, 2023.

ALEX JOSEFSON, PRESIDENT OF SPECTRO IS ENTHUSIASTIC ABOUT THE PROJECT

“We’ve lengthy had an excellent relationship with MOTOREX, so when this deal was first mentioned it felt like a pure subsequent step for our enterprise. MOTOREX has an excellent respect, appreciation, and understanding of the SPECTRO model and its objectives for the long run. With their deliberate investments and upgrades to our manufacturing facility in Brookfield, and with the help of their spectacular R&D laboratory in Langenthal, the long run is shiny for SPECTRO and MOTOREX, each within the US, and worldwide.”

EDI FISCHER, CEO of the MOTOREX GROUP

“This can be a rigorously thought-about and essential step for our long-term oriented family-owned firm. We’re proud to strengthen the group’s portfolio with a conventional and well-established US model. SPECTRO and MOTOREX are each sturdy and complementary manufacturers throughout the Powersport market.”

“Furthermore, the corporate hub in Brookfield will even help our enterprise actions in different sectors resembling industrial fluids or biodegradable hydraulic oil. This will even enable us to supply extra items made within the US, guarantee nearer help to our distributors, and enhance provide and customer support.”

For extra info, don’t hesitate to contact spectro@motorex.com.

ABOUT SPECTRO

The corporate Intercontinental Lubricants Company is predicated in Brookfield Connecticut and is extensively recognized beneath its model identify SPECTRO PERFORMANCE OILS. The corporate was based in 1966 by Robert H. Wehman, an engineer with many years of expertise within the specialised discipline of two-cycle automotive lubricants. Quickly after, Spectro entered the bike market, changing into a model with a wealthy heritage and a very good fame within the aftermarket bike sector within the US and worldwide. Spectro has been household owned and operated for 57 years over 3 generations, at the moment beneath the management of the founder’s grandson, Alex Josefson.

For extra info please seek the advice of www.spectro-oils.com.

ABOUT MOTOREX

MOTOREX USA INC is the US-affiliate of the Swiss-based MOTOREX-BUCHER GROUP AG. The corporate was based in 1917 and remains to be owned by the founding Bucher household. Right now, MOTOREX is a globally lively producer of lubricants, clear and care merchandise with 400 workers and greater than 2,500 formulations. The MOTOREX discipline of actions contains the bike and bicycle business, metalworking fluids, lubricants for heavy-duty functions, and particularly the sector of environmentally acceptable lubricants (EAL). MOTOREX has been current within the US marketplace for greater than 25 years. The corporate has manufacturing amenities in Switzerland, USA, France, and Poland.

For common info, please seek the advice of www.motorex.com or for details about metalworking fluids and bicycle merchandise, please seek the advice of www.eurolineusa.com.

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