Lubrication Technologies agrees to acquire Professional Carwash Systems, Inc.
Lubrication Technologies announced today that they have reached an agreement to acquire PCS (Professional Carwash Systems, Inc.) with a purchase date effective April 17, 2017. PCS is a vehicle wash sales, installation and service business headquartered in Buffalo, Minnesota.
Founded in 1991, PCS is a regional leader in vehicle wash systems for the Convenience Store, Grocery, Independent Automotive Service Center and Car Dealer markets with operations in Minnesota, South Dakota, Iowa, Nebraska and Wisconsin. PCS offers in-bay automatic and tunnel wash solutions including supporting equipment and chemical products. Combined with the Lubrication Technologies (Lube-Tech) family of companies, Lube-Tech is well positioned to expand the PCS business to Lube-Tech’s broad automotive and fleet customer base across the Upper Midwest. The addition of PCS will provide Lube-Tech and PCS customers with one-stop access to a professional network of lubrication and cleaning maintenance specialists, products and services.
While PCS will become part of the Solutions & Services business of Lube-Tech, it will continue to operate under the PCS name. Lube-Tech and PCS customers will benefit from Lube-Tech’s Total Customer Care offering which includes a broad lubricant, cleaner, energy, recycling, fluid handling equipment and service portfolio along with more than 500 Lube-Tech employees working to ensure their continued success. PCS will continue to offer complete car wash services including sales, installation, service, supply, marketing and laboratory support and will continue to be headquartered in Buffalo, Minnesota. PCS founder Bob Englund will retain his role as President of PCS and will report to Rick Cummings, General Manager of Lube-Tech’s Solutions & Services business. “This union will provide our valued customers with an even greater level of service and support through the merging of our resources and vast combined experience in the Midwest,” said Bob Englund, President of PCS.
“Lube-Tech and PCS not only share a rich history of quality and customer service; they share the same values as family owned organizations who care about their employees, their customers, their suppliers and their communities. We welcome PCS and its 30-plus employees to the Lube-Tech family”, said Chris Bame, CEO of Lubrication Technologies.
About Lubrication Technologies Since 1925, Lubrication Technologies (Lube-Tech) and its family of companies have demonstrated an employee-centric, customer-focused approach. Lube-Tech’s mission is to help customers accelerate their performance – from their engines and equipment to their bottom line – while continuously improving our employees’ lives and investing in our community. Lube-Tech serves transportation, automotive, industrial, and small engine customers in over 70 countries with operations throughout the Midwest region, Shreveport, LA, and Langenthal, Switzerland. The company produces and distributes millions of gallons of lubricants, fuels and chemicals; and employs over 500 people. Lube-Tech & Partners Distribution Group serves Minnesota, North Dakota, South Dakota, Iowa, and Wisconsin. For more information, visit www.lubetech.com.