# SKF acquires cleantech startup RecondOil Sweden AB

SKF has acquired RecondOil Sweden AB, a Swedish cleantech company that has developed a chemical filtration and rejuvenation process for industrial lubrication fluid and slop oil, to strengthen its lubrication management business.

- Type: Acquisition
- Announced: 2019-06-20
- Where: Sweden
- Status: completed
- Products: lubrication fluid filtration, oil rejuvenation
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [SKF](https://endata.com/companies/4959.md) (acquirer)
- [RecondOil Sweden AB](https://endata.com/companies/40135.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/skf-acquires-cleantech-start-up-company-300871927.html), 2019-06-20: "This acquisition is a good strategic fit for us."

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