# Jodima Group acquires Kemetyl to form Europe's largest functional fluids producer

Jodima Group acquired Swedish-Dutch peer Kemetyl, forming a group operating under the Kemetyl name with four production facilities across Europe. The combined entity has €170 million annual turnover and 150 million litres production volume. The announcement was made on 3 December 2024.

- Type: Acquisition
- Announced: 2024-11-28
- Where: Kampenhout, Belgium
- Value: $185.0M (170.0M EUR)
- Jobs: 255
- Status: announced
- Capacity: 150 million litres per year
- Products: functional fluids for automotive, windshield washer fluids, coolants, cleaning agents
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Jodima Group](https://endata.com/companies/81401.md) (acquirer)
- [Kemetyl Group](https://endata.com/companies/81402.md) (target)

## Sources

- [kemetyl.com](https://www.kemetyl.com/press-release/), 2024-11-28: "This strategic acquisition marks a significant step in Jodima Group’s growth ambitions, creating new opportunities for both organisations and their customers."
- [kemetyl.se](https://www.kemetyl.se/nyheter/organisation/new-shareholder-strengthens-kemetyl-group/), 2024-12-03: "This strategic acquisition marks a significant step in Jodima Group’s growth ambitions, creating new opportunities for both organisations and their customers."

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