Announced

Shell to acquire TFH Reliability Group.

Synopsis

Shell, an energy company, agreed to acquire TFH Reliability Group, a holding company of Allied Reliability, a provider of industrial products and services, asset performance management and reliability consultancy services. Financial terms were not disclosed. "In addition to expanding the suite of lubricants products we can offer customers, acquiring a proven, credible player in the industrial services space allows us to offer a 'products-plus-services' model that can help customers drive improvements in performance and safety for their equipment," Machteld de Haan, Global Lubricants Vice President.

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MergerLinks - Shell to acquire TFH Reliability Group.