KeePer Technical Laboratory—extends gains; renews strategic business partnership agreement with Idemitsu Kosan (Traders Web)

KeePer Technical Laboratory and Idemitsu Kosan have renewed their strategic business partnership agreement. The companies plan to expand KeePer LABO to 150 locations by 2030 by opening sites alongside service stations and utilizing former service station sites.

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The story

KeePer Technical Laboratory disclosed that it had renewed its strategic business partnership agreement with Idemitsu Kosan. The companies said they will continue expanding KeePer LABO.

The companies entered into the strategic business partnership agreement in August 2024 and have been opening locations by combining KeePer LABO's store-management expertise with Idemitsu Kosan's service station network.

At a glance

Business partnershipKeePer Technical Laboratory and Idemitsu Kosan renew strategic business partnership agreement

Partnership historyEntered into the agreement in August 2024 and have been expanding KeePer LABO

Target priceExpand KeePer LABO to 150 locations by 2030

Rollout policyContinue opening locations alongside service stations and by utilizing former service station sites

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