# CONDAT Group acquires Italian lubricants maker KEMNO

CONDAT SA has completed the acquisition of Italian company KEMNO, a specialist in neat and soluble coolants for cold heading and metalworking. The deal closed on 25 September 2020, and CONDAT will create a new subsidiary, CONDAT ITALIA.

- Type: Acquisition
- Announced: 2020-09-25
- Where: Italy
- Status: completed
- Products: neat and soluble coolants, metal working fluids, maintenance oils and greases, quenching oils
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [CONDAT SA](https://endata.com/companies/50289.md) (acquirer)
- [KEMNO](https://endata.com/companies/50290.md) (target)

## Sources

- [condat-lubricants.com](https://www.condat-lubricants.com/2020/10/01/kemno-joins-condat-group/), 2020-10-01: "This acquisition shows bright promise and is based on solid common values between the 2 companies: customer satisfaction, performance and innovation."

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