Memolub International, a global automatic lubrication systems manufacturer has strengthened its position in Australia by acquiring a majority stake into its local distributor, Systematic Lubrication Solution. Daniel Richardson keeps his position as Managing Director and stays on board as co-shareholder.
This acquisition is the next step in the Memolub strategy to get closer to its customers, to offer tailored services to the market and to develop future products based on first-hand customer feedback. Last year Memolub opened an affiliate in Santiago, Chile with the same philosophy in mind. With these 2 new subsidiaries, Memolub is consolidating its expertise in the mining industry.
“With offices in Wollongong and Perth we want to serve our customers with tailored solutions to their challenges.”
“With offices in Wollongong and Perth we want to serve our customers with tailored solutions to their challenges.” said Memolub CEO Diego Lamarche. “In the light of this acquisition, Systematic Lubrication Solution will undergo a rebranding and will be baptized “Memolub Australia” in the coming months.” It is Memolub’s ambition to grow and invest in its new Australian affiliate by among others adding staff to the team.
Exciting time ahead!