French lubricant group Condat has acquired Kemno.
Kemno, like Condat, is a family owned company. It was created in 2004 and specialises in neat and soluble coolants. It is mainly active in the cold heading business and also offers metal working fluids, maintenance oils and greases, quenching oils.
This acquisition is based on solid common values between the two companies: customer satisfaction, performance and innovation.
It will mean Kemno can expand, backed by an international and stable group. It means Condat can strengthen its diversification strategy in Italy, particularly in the fastener and machining industry.
Condat has decided to formalised this venture with the creation of a 100% subsidiary, named Condat Italia.
The company will be committed to guarantee continuity and optimum quality of service locally.
With both ranges being complementary, Italian customers will therefore benefit from a large choice of lubricants dedicated to their specific needs, whatever the field of application.
They will also rely on strong services with high-tech lab, and on the most competitive and reliable offer.