Wednesday, May 02, 2012

Whitmore acquires QHi Rail Ltd.

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Rockwall, Tex.-based Whitmore Manufacturing Co., a producer of component protection technology, announced Monday it has acquired QHi Rail Ltd., a British-based manufacturer of gauge face and Top of the Rail (TOR) lubrication systems for railways.

Founded in 1997, QHi has grown rapidly and become a leading provider of rail lubricators in both freight and transit systems throughout Europe and has systems operating in 20 countries around the world, Whitmore said.

"The ability of QHi Rail to react quickly to the specific needs of customers and provide effective custom solutions fits seamlessly into Whitmore's culture," said Whitmore Vice President of Sales Jack Ellis. "The synergy created by working together will enable us to take railway lubrication solutions to the next level."

Whitmore will use its extensive global distribution network to expand the sales of QHi products worldwide. "QHi's customer base, employees and assets are the perfect complement to our lubrication business," Ellis said.

"This acquisition is an important step toward achieving Whitmore's strategic objective of increasing market share in the global rail market. We have worked closely with the QHi team for more than six years in numerous countries and they have the same core focus on product quality and customer satisfaction as Whitmore," said Whitmore President and CEO Jeff Kilpatrick.