Husky Corporation acquires Kinetic Laboratories
The acquisition also includes the K100 product line of gasoline and diesel fuel treatment additives.
Fuel equipment manufacturer Husky Corporation has acquired New York based Kinetic Laboratories and the K100 product line of gasoline and diesel fuel treatment additives.
K100 features a proprietary formula developed 57 years ago that addresses water management, fuel stability, and control of gums and varnishes.
“The K100 product line is an excellent compliment to all our current offerings for fuel dispensing, automotive, and transportation customers. This acquisition fits extremely well with our company growth strategy,” said Husky Corporation President Grenville Sutcliffe.
K100 products have the ability to target water in fuel systems, a particular problem in ethanol-blended gasoline. When added to fuel or storage tanks, K100 permanently bonds and encapsulates water molecules, forming a burnable organic compound.
“We are delighted to see that Husky is dedicated to investing in K100 to grow the business,” said Kinetic Laboratories CEO Mark Quallen.
