French company Condat has acquired Renite’s lubricant activity.
Established in 1854, Condat formulates and produces lubricants for industry, with the goal of providing lubricants with high added technical value that are adapted to its clients’ manufacturing process.
Due to Renite’s technology and reputation in North America, the acquisition is a good opportunity for Condat to strengthen its diversification strategy in this region.
Renite’s range of lubricants and custom solutions for the forge and glass industry is also a main asset in the deal.
This acquisition shows bright promise and is based on solid common values between the two companies: long term vision, customer satisfaction and innovation.
With a main concern on health and the environment, Condat will bring its determination to provide the safest products for best working conditions (lubricants free from CMR substances, heavy metals, etc.) without any compromise on performance.
Glass customers will benefit from lubricants dedicated to their specific needs, plus extra products for the maintenance of their machines and various lubricating equipment (from distribution, spraying, dosing and dilution).