# KLK OLEO to acquire controlling stake in Temix Oleo

KLK OLEO, through its subsidiary KLK Emmerich GmbH, has entered into a definitive agreement to acquire a controlling stake in Italy-based Temix Oleo SpA, an oleochemical company focused on ester production. The transaction is expected to close by April 2023.

- Type: Acquisition
- Announced: 2023-02-28
- Where: Milan, Italy (headquarters); Calderara di Reno (Bologna) (production plant), Italy
- Status: announced
- Products: esters, oleochemicals
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [KLK OLEO](https://endata.com/companies/68842.md) (acquirer)
- [KLK Emmerich GmbH](https://endata.com/companies/68843.md) (acquirer)
- [Temix Oleo SpA](https://endata.com/companies/68844.md) (target)

## Sources

- [klkoleo.com](https://www.klkoleo.com/news-media/press-release-klk-oleo-to-acquire-italy-based-temix-oleo/), 2023-02-28: "KLK OLEO is a global integrated oleochemical producer (oleochemical, derivatives and specialty chemicals) with manufacturing sites in Malaysia, Indonesia, China, and Europe."

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