Sealed Air purchases Dry Lube

21-Dec-2015 - Last updated on 21-Dec-2015 at 18:42 GMT

Sealed Air has acquired Dry Lube (DL) and its subsidiary Dry Lube Inc., a water-free conveyor lubrication technology and service provider for the food and beverage industry.

Dry Lube’s technology enables brewing, beverage and dairy companies to do conveyor belt lubrication without the use of water.

The H1 lubricant is used on plastic belts and G&S and GlassLube2.0 are for stainless steel ones.

The acquisition closed in December and is not material to Sealed Air’s financial results.

Karl Deily, president of Sealed Air’s Food Care Division, said the deal will accelerate time to market.

“For the majority of beverage companies, 20% of their water usage is related to lubrication and cleaning,” he said.

“Combined with our existing expertise, Dry Lube enables us to further reduce water usage and treatment costs, create cleaner and safer working environments, and improve operational efficiencies.”

Dry Lube was established in 2005 and is headquartered in Edinburgh, UK. The company sells directly to customers in the US and Europe and through distribution to the global clients.