France’s Condat SA reached a closing date to acquire Italy’s Kemno. Headquartered near Lyon, Condat formulates and produces a range of lubricants for applications such as heat treatment, forging, wire drawing, tunnel boring, machining and industrial maintenance. The company develops lubricants with a reduced environmental impact without compromising their performance or the safety of users. Kemno produces soluble coolants, metal-working fluids, maintenance oils and quenching oils. These lubricants have the ability to increase tools life and decrease oil consumption. The acquisition allows Condat to strengthen its position in the fastener and machining industries.

HPG500 is a premium boundary lubricant that prevents metal-to-metal contact under high load and slow speed conditions for either high-end manual chucks or power chucks.

oelheld held a groundbreaking ceremony in West Dundee, Ill., for its new 24,000-square-foot facility.

Houghton International Inc. acquired Wallover Enterprises, a metalworking fluid and industrial lubricant manufacturer based in Strongsville, Ohio.