April, 2025. Peakstone served as exclusive M&A advisor to IRMCO in connection with its sale to FUCHS Lubricants, the U.S. subsidiary of Germany based FUCHS Group (FPE:XETR).
International Refining & Manufacturing Co. (“IRMCO”), based in Evanston, Illinois, is a manufacturer of high performing water based metal-forming and tube-bending lubricants for demanding manufacturing processes. IRMCO is a family-run company founded in 1914 with an international distribution footprint.
IRMCO’s CEO, Jeff Jeffery, commented, “For decades, IRMCO has grown and adapted to the ever-changing demands of the manufacturing markets, and we have always met and exceeded our customer’s standards through our advanced lubricant technologies. Integrating with FUCHS will further our reach of sustainable lubricant products for the metal fabrication end markets through the global FUCHS network. We engaged Peakstone to find a partner that could build on the products, technology, and end markets served, while preserving the culture which we’ve worked hard to develop. We believe that IRMCO aligns well with FUCH’s strategy to enhance its product technologies and provide customers with superior lubrication solutions.”
FUCHS America CEO, Keith Brewer, noted “At FUCHS, we are focused on improving the reliability, productivity, and profitability of our customer’s operations through product and process optimization. The acquisition of IRMCO will further reinforce our position as leading lubrication solutions provider to the industrial segment.”
Terms of the transaction were not disclosed.
For additional information, please contact:
Mark Horita, Managing Director, mhorita@peakstone.com
Andrew Savarie, Managing Director, asavarie@peakstone.com
Michael Dobin, Associate, mdobin@peakstone.com
About Peakstone
Peakstone is a leading investment bank that specializes in mergers and acquisitions, advisory, and capital raising for middle market clients. Our team is comprised of senior investment banking professionals who have decades of experience and have executed hundreds of transactions totaling billions of dollars. For additional information, visit www.peakstone.com. To receive investment and proprietary acquisition opportunities, please register at www.peakzone.com.