Mergers & Acquisitions

Greif Acquires Lee Container
A group of bottles used for lubricant products. © Sergey Ryzhov

Greif Acquires Lee Container

Lube Report Americas - November 16, 2022

Industrial packaging supplier Greif Inc. said last week that it has reached a $300 million deal to acquire Lee Container ...

Shell Acquires Panolin’s Biolubes Business

Shell Acquires Panolin’s Biolubes Business

Lube Report EMEA - November 8, 2022

Shell agreed to acquire the environmentally considerate lubricants business of Switzerland-headquartered independent lub ...

Additive

Merger for Caldic, Connell Specialty Units

Lube Report Asia - October 21, 2022

Private equity investment firm Advent International and Wilbur-Ellis announced last week they are merging their life sci ...

Infineum Buying Pipeline Materials Unit

Infineum Buying Pipeline Materials Unit

Lube Report Americas - October 12, 2022

Infineum announced yesterday it will acquire Billerica, Massachusetts-based Entegris’ Pipeline and Industrial Material ...

NNPC Buys OVH Downstream Business

NNPC Buys OVH Downstream Business

Lube Report EMEA - October 11, 2022

Nigerian National Petroleum Co. has acquired OVH Energy Marketing, operator of the Oando fuels and lubricants business a ...

Valvoline to Sell Lubes Unit to Aramco

Valvoline to Sell Lubes Unit to Aramco

Lube Report Americas - August 3, 2022

Saudi Aramco announced on Monday a $2.7 billion deal to acquire Valvoline’s Global Products business, which is its lub ...

Adnoc Buys Stake in TotalEnergies Egypt

Adnoc Buys Stake in TotalEnergies Egypt

Lube Report EMEA - August 2, 2022

United Arab Emirates-based Adnoc Distribution expanded into Egypt with the acquisition of a 50% stake of French energy c ...

Gold Eagle Buys Lubrication Specialties

Gold Eagle Buys Lubrication Specialties

Lube Report Americas - July 27, 2022

Lubricant manufacturer and distributor Gold Eagle Co. acquired another blender and distributor, Lubrication Specialties ...

Additive

Petrobras Chile Up for Sale

Lube Report Americas - July 13, 2022

Southern Cross Group, which owns the Petrobras lubricants and fuels business in Chile, has put it on the sales block, ac ...

Cepsa Ups Stake in Brazil’s Deten

Cepsa Ups Stake in Brazil’s Deten

Lube Report Americas - July 13, 2022

Cepsa Quimica closed on its acquisition of 27.88% of Deten Quimica from Brazil’s Petrobras, after obtaining authorizat ...

Additive

Shell Sells Jebel Ali Storage Facility

Lube Report EMEA - July 5, 2022

Shell completed the sale last week of an oil products storage facility in the Jebal Ali Free Zone area of Dubai, United ...

Additive

Azelis Acquires India Distributors

Lube Report Asia - June 3, 2022

Specialty chemicals distributor and service provider Azelis reached agreements to buy two related distributors in India ...

Additive

Petrobras Agrees to Sell Lubnor Refinery

Lube Report Americas - June 1, 2022

Petrobras announced last week an agreement to sell its Lubnor refinery in Fortaleza, Brazil, to a consortium of companie ...

Fuchs Buys Stake in Electrolytes Start-up

Fuchs Buys Stake in Electrolytes Start-up

Lube Report EMEA - May 31, 2022

German independent lubricants maker Fuchs Group entered the battery market by acquiring 28% of the shares in E-Lyte Inno ...

Additive

Aramco Eyes Valvoline Unit

Lube Report EMEA - May 31, 2022

Saudi Aramco, the world’s largest oil company, has approached Valvoline, one of the world’s largest independent lubr ...

Moove to Acquire PetroChoice

Moove to Acquire PetroChoice

Lube Report Americas - May 25, 2022

Cosan’s Moove made a splash this week with an almost half-billion-dollar acquisition for PetroChoice, the largest lubr ...

Agency Approves Shell Sale to Lukoil

Agency Approves Shell Sale to Lukoil

Lube Report EMEA - May 24, 2022

Russia’s antitrust regulator approved last week Lukoil’s purchase of Shell’s retail and lubricants business in the ...