Connect with us

Manufacturing

Old World Industries Acquires Diesel Exhaust Fluid And Automotive-Grade Urea Business From DASCO

Over the past 10 years, OWI has solidified itself as a domestic leader in the DEF market, which is expected to grow at nearly 10% compounded annual growth rate over the next decade.

Advertisement

Old World Industries (OWI), a leader in the manufacturing and distribution of high-quality automotive and heavy-duty fluids and maker of PEAK and BlueDEF products, has acquired from DASCO, Inc. (DASCO) its diesel exhaust fluid (DEF) and prilled, automotive-grade urea (AGU) global business and assets. Based in Monument, Colorado, DASCO is a leader in the agriculture market, manufacturing products related to crop nutrients, animal feed ingredients and industrial chemicals.

Advertisement
Click Here to Read More
Advertisement

Over the past 10 years, OWI has solidified itself as a domestic leader in the DEF market, which is expected to grow at nearly 10% compounded annual growth rate over the next decade. DASCO began selling DEF in 2013 and has continued to grow this product line, consisting of bulk liquid DEF and prilled AGU. As a term of the agreement, OWI will begin servicing DASCO’s DEF customers and working with DASCO’s DEF and AGU suppliers. 

“OWI successfully entered the DEF market in 2009 with best-in-class products under its flagship brand BlueDEF,” said Charles Culverhouse, CEO of Old World Industries. “We have become the market leader for DEF because our channel partners, distributors and consumers recognize OWI’s commitment to providing the highest quality DEF available. The acquisition of DASCO’s DEF and AGU business expands OWI’s reach and capabilities to meet the needs of our customers and consumers in this growing category.”

Advertisement

Loading Post...

Loading Post...

Loading Post...

Advertisement

POPULAR POSTS

Newsweek Ranks Goodyear Among Greenest Big Companies

Manufacturing

Les Schwab Hires Goldman Sachs To Help Sell The Company

Timken Adds Torque Specs to TimkenInfo.com

Manufacturing

Edelbrock Owner Acquires COMP Performance Group

Connect