Volume 3 Issue 40

Condat Acquires Italian Firm

French lubricant company Condat SA last week finalized the acquisition of Kemno, a specialist lubricant and coolant company based in Milan. The takeover grows Condat’s market share in neighboring Italy and its fastener and machining lube capacity.

Fuchs Acquires Italian Distributor

Fuchs Petrolub SE announced the purchase of Welponer SpA, an Italian lubricant distributor with annual revenue of €4 million, the company’s fourth distributor acquisition in the past year.

Valvoline Geared Up for Grease Expansion

Custom Content – Valvoline, one of the world’s leading lubricant and automotive suppliers, has made a frictionless move towards establishing itself as a major producer of high-performance greases.

Prista Owners Battle Charges in Bulgaria

The co-owners of lubricant marketer Prista Oil have been charged by Bulgarian authorities with waste mismanagement and corruption, but they deny the charges and accuse the government of attempting to steal their battery business.

From Other Editions of Lube Report

Asian Base Oils Show Signs of Recovery

Gulf Makes Lubes for S-Oil

U.S. Finished Lube Prices on the Move

Briefly Noted

Telko Ltd., part of the Aspo Group, acquired Swedish distributor ILS Nordic AB and its subsidiary Autolubes Nordic AB. Telko has been a distributor of Castrol products in Finland since 1958, ILS Nordic is a lubricants distribution partner of BP Castrol in Sweden and Norway, and Autolubes Nordic distributes automotive oils in Sweden and Norway.


The initial version of a Sept. 29 article, “In Russia, Clawing Back from Lockdown,” gave an incorrect reason for Total’s temporary shutdown of its lubricant blending plant in the Kaluga region. The company suspended operations to comply with restrictions aimed at stemming the COVID-19 pandemic. As the epidemiological situation improved and restrictions eased, safety considerations and health authorities allowed plant production to resume.