# Dry Lube

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/dry-lube

- Industry: Logistics & Distribution
- Headquarters: Edinburgh, UK
- Website: www.drylube.co.uk
- Latest round: Series A (Jan 1, 2006)
- Investors on record: 1

## About

Dry Lube Ltd. is a UK-based company specializing in innovative lubrication solutions for various industries, ensuring optimal performance and longevity of machinery and equipment.Founded in 2005, Dry Lube Ltd. operates from its headquarters in Edinburgh, UK. The company focuses on the development of advanced lubrication products for diverse applications. Ian Wylie serves as the CEO and has a history of involvement in similar enterprises. In December 2015, Sealed Air acquired Dry Lube for an undisclosed amount. The company has completed two deals to date, with the most recent being in December 2015.Dry Lube Ltd. provides a comprehensive range of lubrication solutions designed to enhance the efficiency and lifespan of machinery. Their products cater to various sectors, including manufacturing and automotive, focusing on creating lubricants that reduce friction and wear, ultimately promoting smoother operation across equipment. The company emphasizes the importance of adapting their offerings to meet specific customer needs, ensuring tailored solutions for their clients.Dry Lube Ltd. generates revenue through sales of its lubrication products, which are positioned to cater to both industrial and commercial markets. Specific pricing details have not been disclosed, but the company’s model focuses on driving sales through high-quality offerings that meet the demands of various sectors.Dry Lube Ltd. aims to expand its product line with new lubrication solutions targeting specific industrial applications, with anticipated launches expected in the upcoming year. Additionally, the company plans to broaden its reach into international markets, particularly in Europe and North America, by 2024. The recent acquisition by Sealed Air is expected to provide the necessary resources and infrastructure to support these growth initiatives, enhancing product development and market penetration.

## Funding rounds

- Series A, Jan 1, 2006 — FPE Capital

## Investors

- FPE Capital (https://capitalatlas.ai/funds/fpe-capital) — Series A