Kodiak expands portfolio with Aztech acquisition

Global chemical supplier Kodiak has solidified its position in the specialty chemical space with the acquisition of Aztech Lubricants, a provider of innovative solutions in the wire drawing industry.

“By acquiring Aztech Lubricants we are continuing to execute our growth strategy – increasing our geographical footprint and manufacturing capabilities, while optimizing delivery timelines,” said Kodiak President Laura Dickey. 

“As we continue growing our portfolio of products organically and through acquisitions, our customers around the globe have demonstrated their receptiveness to our capabilities – helping them streamline procurement through consolidation of suppliers.”

With the Aztech acquisition as well as purchasing Coolant Control and Vulcan Oil last year, Kodiak’s product portfolio of fire-resistant hydraulic fluids, rolling oils, metalworking fluids, corrosion inhibitors, and polymeric resins now includes powder-based chemicals.

Kodiak said it has ramped up its manufacturing and distribution capabilities to supply its growing customer base in niche markets.

Source: Kodiak