Quaker Chemical Corporation Acquires Selby, Battersby— David Kollock Named President

Quaker Chemical Corporation, Conshohocken, Pa., has acquired all outstanding common and preferred stock of Selby, Battersby & Co. of Philadelphia. Selby, for more than 50 years, has been a manufacturer of flooring systems for industrial, commercial, and institutional buildings, marine decking materials, as well as a deck covering contractor for the marine industry.

Quaker Chemical Corporation produces a wide range of chemical specialty products for use in industrial processing and has international affiliates in Great Britain, Holland, Spain, Italy, Japan, South Africa, Brazil, Australia, and Mexico.

The purchase of Selby, Battersby is the first major U.S. acquisition by Quaker and is viewed by Peter A. Benoliel, Quaker president, as an entrance into the dynamic resin specialty field.

David P. Kollock, who succeeds James M.

Selby as president and chief executive officer of Selby, Battersby, has an extensive background in resin specialties and over 14 years' experience in the international marine industry.

He is a graduate of the Wharton School of the University of Pennsylvania, a member of The Society of Naval Engineers, and was formerly executive vice president of Philadelphia Resins Corporation.

Mr. Selby, son of the company founder, will serve as a consultant to Selby, Battersby, and has been named to the Selby, Battersby board of directors.

Joseph F. O'Donnell will remain as senior vice president, and Dean S. Champlin as vice president, marine. James J. Costigan, treasurer, will take on the additional position of vice president, administration and contracts, with primary responsibility for administering Selby, Battersby's major application contracts on Navy shipbuilding programs.

Quaker Chemical's products are sold on a worldwide basis through an extensive network of sales engineers supported by overseas manufacturing and technical laboratories.

Selby, Battersby will now be able to offer the international marine market more timely delivery of their specialty products.

In addition, Selby will market specialty products of Quaker that have marine application.

Foremost in this category will be Quaker's fire-resistant hydraulic fluids which have important advantages over phosphate ester and water glycol-based materials.

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