Shell Lubricants completes acquisition of UK-based MIDEL and MIVOLT
Published on: Jan 4, 2024
The company will now be able to develop and sell both firms’ product lines as part of its global lubricants portfolio.
Shell U.K. Limited has completed the acquisition of MIDEL and MIVOLT, from Manchester-based M&I Materials Ltd.
The company will now manufacture, distribute and market the MIDEL and MIVOLT product lines as part of its global lubricants portfolio. By adding synthetic and natural ester-based transformer fluids and services to its portfolio, Shell Lubricants aims to deliver improved fire protection and biodegradability to its customers.
The acquisition enables the firm to complement its differentiated position in Transformer Oils used for power distribution, offshore wind parks, utility companies and traction power systems.
MIVOLT’s ester-based immersion cooling fluids supports the development of thermally efficient electric vehicle batteries, battery energy storage systems and data centers.
Following completion of the acquisition, MIDEL and MIVOLT are owned by M&I Materials Development Ltd which is fully owned and operated by Shell.
