Old World Industries (OWI), the Northbrook, Illinois-based parent company of PEAK antifreeze and BlueDEF, has acquired J&J Lubricantes, a manufacturer and distributor of automotive coolants, oils and other lubrication products based in Monterrey, Mexico.

The acquisition expands on the two companies' 25-year partnership and unlocks new growth potential across Mexico for OWI, company representatives said, including the local manufacturing and distribution of OWI's flagship products. Additionally, the acquisition will allow OWI to better address customer needs in the Mexican market, according to the company.

This local presence will bring improved lead times, speed up the time to market for new products and enhance support for customers, the company said. Additionally, OWI aims to introduce products that meet regional demands by expanding its distribution footprint, packaging updates, formulation improvements and new technologies.

"We're excited to grow with our customers and take a bigger role as the right solutions provider for quality coolants, DEF, oils and other lubricants in Mexico," said Greg Noethlich, CEO of OWI. "We are continuing to invest in bringing quality products and technologies with simplified supply chain solutions to our customers."

For more information, visit owi.com.