Kano Laboratories, which manufactures penetrating oils, announced on Monday the acquisition of Synco Chemical Corp. and its line of synthetic food greases and lubricants for industrial applications. Terms were not disclosed.
Based in Bohemia, New York, Synco is nationally known for its Super Lube line of synthetic greases and lubricants. The acquisition includes the Super Lube and Synco brands. Nashville, Tennessee-based Kano, whose brands include the Kroil penetrating oil brand, is owned by Gryphon Investors, a leading middle-market private equity firm.