# Teknos to acquire parquet lacquer business from Kiilto

Teknos Oy will acquire Kiilto Oy's parquet lacquer business, including recipes, trade names, and customer contacts. The transfer of sales and logistics is set for November 1, 2018, and production transfer is planned for early 2019.

- Type: Acquisition
- Announced: 2018-08-21
- Where: Finland
- Status: announced
- Products: parquet lacquers, primer lacquers, 1-component lacquers, 2-component lacquers, parquet fillers
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Teknos](https://endata.com/companies/24052.md) (acquirer)
- [Kiilto Oy](https://endata.com/companies/33845.md) (target)

## Sources

- [kiilto.com](https://www.kiilto.com/newsroom/teknos-to-acquire-parquet-lacquer-business-from-kiilto/), 2018-08-21: "Kiilto lacquers and fillers are complementing Teknos’ product assortment for flooring industry."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.