Mergers & Acquisitions

Singapore Firm Buys Savant Group
Founder of Savant Ted Selby, who passed in 2022.

Singapore Firm Buys Savant Group

March 12, 2025

Singaporean investment holding company Paeonia Group has acquired Savant Group for an undisclosed sum.

Repsol and Aramco Grab Chunks of Unioil

Repsol and Aramco Grab Chunks of Unioil

March 5, 2025

Repsol and Saudi Aramco have snagged large chunks of Filipino energy company Unioil, the country's family-owned downstre ...

Calumet to Shed Part of Royal Purple

Calumet to Shed Part of Royal Purple

March 5, 2025

Base oil refiner Calumet is selling the industrial segment of its lubricant brand Royal Purple to Lubrication Engineers ...

Activist Investor Pushes BP to Shed Castrol

Activist Investor Pushes BP to Shed Castrol

February 26, 2025

BP is considering selling off Castrol after 25 years as its lubricant brand, pushed by an activist investor who wants th ...

Fuchs Buys Boss Lubricants

Fuchs Buys Boss Lubricants

January 15, 2025

Fuchs Group acquired compatriot company Boss Lubricants GmbH & Co. KG., a family-owned and operated company based in ...

Perstorp Sets Up Dutch Ester Site

Perstorp Sets Up Dutch Ester Site

January 13, 2025

Perstorp will start making a new range of synthetic esters this year from its recently acquired production plant near Am ...

Motul Buys Metalworking Fluid Firm

Motul Buys Metalworking Fluid Firm

October 30, 2024

French performance lubricant company Motul has acquired Chem Arrow Corp., a move aimed at expanding its market reach and ...

Court Battle for Citgo Goes On

Court Battle for Citgo Goes On

October 9, 2024

Amber Energy Inc. made the successful bid for Citgo, the formerly Venezuelan refiner.

RelaDyne Expands in Latin America

RelaDyne Expands in Latin America

September 25, 2024

RelaDyne acquired Oil Flush, an industrial lubrication service provider based in Chihuahua, Mexico. The acquisition furt ...

Fuchs Acquires Swiss Lube Maker

Fuchs Acquires Swiss Lube Maker

September 18, 2024

German lubricant manufacturer Fuchs SE signed a letter of intent to acquire Swiss lubricant company Strub & Co. AG, ...

Additive

Petrobras Wants Refineries Back

September 11, 2024

Petrobras is negotiating to regain ownership of the Landulpho Alves refinery and reverse the previous administration’s ...

Additive

Potential Citgo Buyer Emerges

August 28, 2024

New York investment firm Elliott Investment Management emerged as a likely buyer of Petroleos de Venezuela Holding Inc., ...

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Amsoil Snatches Up Aerospace Lubricants

July 3, 2024

Amsoil Inc. said this week that it acquired Aerospace Lubricants, a Columbus, Ohio, producer and marketer of specialized ...

TotalEnergies Buys Rerefiner Tecoil

TotalEnergies Buys Rerefiner Tecoil

July 2, 2024

TotalEnergies announced this week that it purchased Finnish rerefiner Str Tecoil Oy, another move reflecting Big Oil’s ...

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Eurolube Acquires Bizol

June 4, 2024

German lubricant maker Eurolub GmbH said it has acquired Bizol, another German lube marketer, to expand its automotive s ...

Shell Sells Singapore Refining Complex

Shell Sells Singapore Refining Complex

May 10, 2024

A joint venture led by Indonesian chemical company Chandra Asri has agreed to buy Shell’s fuels and petrochemical refi ...

Additive

Safety-Kleen Acquires Noble Oil

May 8, 2024

Safety-Kleen Systems acquired Noble Oil Recycling, which collects used oil in the Eastern United States and has a North ...