Pennzoil-Quaker State (SOPUS Products) / Shell Acquires TFH Reliability Group (Allied Reliability)
December 22, 2022
Pennzoil-Quaker State Company d/b/a SOPUS Products, a subsidiary of Shell USA, Inc., has acquired 100% of TFH Reliability Group, LLC, the parent company of Allied Reliability, to expand Shell's North American lubricants business with industrial services and predictive maintenance capabilities. The seller was Capstreet, the private equity owner of TFH/Allied Reliability; the transaction was signed and closed simultaneously.
- Buyers
- Pennzoil-Quaker State Company (d/b/a SOPUS Products), a subsidiary of Shell USA, Inc. (Shell), Shell USA, Inc.
- Targets
- TFH Reliability Group, LLC (parent of Allied Reliability, Inc.), Allied Reliability, Inc.
- Sellers
- Capstreet
- Industry
- Industrial Services
- Location
- Texas, United States
- Transaction Type
- Buyout
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