Lubrication Engineers acquires SWEPCO, expanding product range, global reach, and in-house grease manufacturing to enhance innovation and asset reliability.
Lubrication Engineers (LE), a prominent provider of advanced industrial lubricants and asset reliability solutions, has officially announced the acquisition of Southwestern Petroleum Lubricants (SWEPCO). This marks LE’s third strategic acquisition in 2025. SWEPCO, established in 1933, is a well-recognized manufacturer and supplier of premium-grade lubricants and greases designed for various industrial and food-safe applications. The acquisition was made from an affiliate of DalFort Capital Partners.
SWEPCO is known for its extensive product lineup, which includes high-performance calcium sulfonate greases, gear oils, engine oils, and other essential industrial lubricants. These products are formulated using proprietary additives developed by SWEPCO, ensuring exceptional performance and reliability. The company serves a broad customer base both directly and through a robust international distribution network.
Commenting on the acquisition, Eric Borland, CEO of Lubrication Engineers, emphasized the alignment between the two companies in terms of innovation and commitment to reliability. “SWEPCO’s engineering capabilities, technology strengths, and state-of-the-art manufacturing perfectly complement LE’s mission and operations,” Borland stated. “SWEPCO, much like LE, boasts over seven decades of innovation in the lubrication industry. We’re excited about joining forces to better support our global clientele. One major advantage of this acquisition is that LE now gains in-house manufacturing capabilities for calcium sulfonate greases, significantly strengthening our product portfolio and expanding our reach worldwide.”
Craig Foster, CEO of SWEPCO, echoed the sentiment, noting that the partnership would benefit both organizations and their extended networks. “This is a significant step forward not only for SWEPCO and LE, but also for our customers, distributors, and suppliers,” Foster said. “LE’s strong leadership and proven track record in the lubrication sector make it an ideal partner to carry forward SWEPCO’s legacy. We’re looking forward to leveraging LE’s resources to speed up our innovation pipeline and deliver even greater value and equipment reliability to our customers.”
Lubrication Engineers has been part of the Aurora Capital Partners portfolio since September 2023. Under Aurora’s backing, LE has rapidly evolved its offerings to include cutting-edge mineral, synthetic, and environmentally sustainable lubrication solutions. This strategic expansion aligns with LE's ongoing mission to provide high-performance products that enhance operational efficiency and asset longevity for industrial clients around the globe.
The acquisition of SWEPCO reinforces LE’s position as a major player in the industrial lubrication market, combining decades of expertise, advanced manufacturing capabilities, and a broadened global presence to meet the growing demands of a diverse range of industries.
