Shell expands lubricants portfolio with Midel and Mivolt acquisition

In a strategic move to strengthen its lubricants business, Shell has acquired the Midel and Mivolt product lines, which were owned by M&I Materials Ltd. M&I Materials, based in Manchester, United Kingdom, is known for producing specialised materials for a variety of industrial and scientific applications.

This acquisition is expected to bolster Shell’s position in the lubricants market, particularly in the electrical insulating fluids segment.

Midel is a leading brand of ester-based dielectric transformer fluids. It is used by utilities and original equipment manufacturers (OEMs) worldwide. Mivolt is a dielectric fluid designed for the direct immersion cooling of battery systems and power electronics. Their biodegradable nature makes them a preferred choice for applications where environmental safety is paramount.

The acquisition aligns with Shell’s commitment to sustainability and its ambition to provide customers with advanced, eco-friendly solutions. By integrating Midel and Mivolt into its product portfolio, Shell can offer a broader range of lubricants that cater to the evolving needs of the energy sector.

While the financial details of the acquisition remain undisclosed, the move signifies Shell’s dedication to expanding its lubricants business and meeting the industry’s growing demand for sustainable products.