Kolene Corp. (Detroit, Mich.) sold its salt bath nitriding (SBN™) chemicals business to HEF USA, Inc. (Columbus, Ohio).
Kolene Corp. (Detroit, Mich.; http://www.kolene.com) sold its salt bath nitriding (SBN™) chemicals business to HEF USA, Inc. (Columbus, Ohio). The sale to HEF represents an important shift in Kolene's business strategy. According to the Kolene, its strategy will now focus primarily on surface cleaning and coatings removal technologies with less dependency on metallurgical treatments, such as salt bath nitriding. Kolene will continue to provide custom-engineered SBN equipment, replacement parts and equipment servicing for Kolene SBN customers who will in the future obtain their chemical products from HEF. HEF USA, Inc., a subsidiary of HEF Group (France), intends to consolidate the new acquisition into its operation in Columbus.
Kolene Sells Salt Bath Nitriding Business to HEF
October 4, 2005