Companies

Killarney-based Tricel acquires Cavan’s Gem Oils

This is the fifth acquisition by the Kerry lubricants and plastics company

Mike Stack and Robbie Larkin of Tricel with Helen Milligan of Gem Oils at the announcement of Tricel acquiring the Co. Cavan business. Picture: Tricel

Tricel, a Killarney, Co Kerry business, has acquired Cavan’s Gem Oils. This is the fifth acquisition made by Tricel, a lubricants and plastics business.

"This acquisition enhances our position in the Irish lubricant market, allowing the Tricel group to gain access to new markets, expand its distribution networks and enhance its technological capabilities,“ said Mike Stack, chief executive of Tricel.

Gem Oils specialises in the supply of lubricants, grease and related products to several sectors ...