The Group acquired Houghton, a metalworking fluid giant in December 2012. It was later merged with Quaker to form Quaker- Houghton, an NYSE listed entity. Its products are sold in over 100 countries today. With Manufacturing plants at 20+ locations and 50 R&D centres, it has a range of over 500 products covering automotive, marine and industrial segments. The Group is the single largest shareholder in this company.