Kano Laboratories acquires Synco Chemical
Kano Laboratories, maker of the iconic Kroil brand of lubricating penetrants, has acquired Synco Chemical Corp. and its line of premium synthetic, food grade lubricants designed for industrial applications. Synco is nationally known for its best-selling Super Lube line of premium synthetic lubricants.
“Kano produces Kroil, the best penetrant on the market,” said Kano President Mark Klein. “Bringing Synco’s Super Lube line of greases and penetrants for industrial and food grade applications into our family of innovative industrial products is an exciting prospect for growth.”
“We strive to provide full solutions while fulfilling the evolving needs and unique challenges of our customers, and Synco helps us accomplish that goal,” said Klein. “The combination of our two companies will strengthen our product portfolio and drive significant value for our customers.”
Natalia Diaz, president of Synco, said, “We are very excited to partner with Kano and look forward to creating the most diverse product line of premium lubricating penetrants, greases and food grade lubricants available.”
Kano is owned by Gryphon Investors, a leading middle-market private equity firm.
INDUSTRIAL SUPPLY MAGAZINE
The November/December issue of Industrial Supply magazine features an in-depth cover story about Kimball Midwest. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and Mike Marks, as well as interviews with numerous product and distribution industry experts.
