Hopkins Manufacturing Corporation announced today that it has acquired Charlotte, North Carolina-based Lumax LLC, which it says is one of the leaders in grease guns, grease fittings, pumps and fluid management related products in North America.
The acquisition strengthens Hopkins’ leadership position in fluid management products, which adds grease guns and related products to complement its market leading fluid management business, the company says. In addition to lubrication products, the Lumax product line includes funnels and drains, pumps and accessories, oil measurers, and filter wrenches.
“We are pleased to add the Lumax products to our portfolio. This is the fourth acquisition we have made in growing the fluid management product category,” said Bradley T. Kraft, president and chief executive officer of Hopkins. “The addition of Lumax provides us with the broadest line available of fluid management products for our customers,” added Mr. Kraft.
“We are excited with the reach of Hopkins and their ability to further grow the Lumax product line” said Harry Amin, president and chief executive officer of Lumax. “Hopkins’ incredible focus on innovation, combined with their outstanding reputation in the industry and the fit with the FloTool line of products makes them the perfect partner for our line!”
Hopkins says it will transfer the distribution of the Lumax line to its primary Distribution Center in Edgerton, Kansas, where it currently distributes its towing, cleaning, fluid management, vehicle accessory and other product lines.