Jim Athans, owner of Chemtool Inc. (Crystal Lake, Ill.) has purchased the assets of Tenaxol Inc. (Milwaukee, Wis.;http://www.tenaxol.com). The new company will be named Tenaxol Technologies Inc. and will continue to operate at the present location in Milwaukee. Chemtool is a leader in the formulation and supply of various lubricants, cleaning agents, cutting fluids, adhesives, and other solutions for diverse industrial applications. Tenaxol corporate and field sales personnel will remain with the company.