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ACQUISITION OF MENTUM AS CLOSED

January 3, 2022 | Telko Ltd

Telko Ltd, leading expert and distributor of lubricants, car chemicals, industrial chemicals and plastics, has closed acquisition of Mentum AS. Now after joining our forces, we will have a bigger and even more capable team to support different kind of product and technical needs of our partners.

Mentum AS, an Ambassador partner of Castrol has been operating in the premium lubricants business in automotive, industrial, and marine segments in Estonia, Latvia, and Lithuania since 2007. Telko Ltd, an Ambassador partner of Castrol in the Nordics, has been a distributor of Castrol since 1958.

Telko has actively grown its lubricants and car chemicals businesses. In 2018 Telko acquired Square Oil in Denmark, in 2020 ILS Nordic and Autolubes in Sweden and now Mentum in the Baltics. Having combined decades’ long experience in lubrication field, and being a significant partner to Castrol, enable us to serve you even better with world class products and stronger expertize.

In case you have any questions, please contact:

Mikko Pasanen
CEO, Telko Ltd
+358 40 743 6665

Telko Ltd

Telko Ltd

Telko is a leadind expert in and distributor of plastics, industrial chemicals and lubricants. It operates as a responsible partner in the value chain by bridging well-known international principals and customers. Its competitive edge is based on strong technical support, efficient logistics, and local professional service both in east and in west.