Mergers & Acquisitions

Fuchs Acquires Swedish Lube Supplier
Metal sheet forming machine at a modern metalwork factory. Metal forming lubricants are among the products offered by Swedish company Gleitmo Technik AB. © Roman Zaiets

Fuchs Acquires Swedish Lube Supplier

Lube Report EMEA - June 15, 2021

Independent lubricant blender Fuchs Petrolub, based in Mannheim, Germany, acquired Swedish company Gleitmo Technik AB’ ...

HollyFrontier Buying Red Giant Oil

HollyFrontier Buying Red Giant Oil

Lube Report Americas - July 4, 2018

HollyFrontier Corp. announced yesterday a deal to buy Red Giant Oil Co., an Iowa company that claims to be one of the co ...

Standard Greases Buys Chemicals Stake

Standard Greases Buys Chemicals Stake

Lube Report Asia - June 11, 2021

India’s Standard Greases and Specialties Pvt. earlier this week purchased a stake in Archit Organosys, which produces ...

Additive

Raizen Buys Shell’s Brazil Business

Lube Report Americas - June 9, 2021

Royal Dutch Shell on Monday agreed to sell its lubricant business in Brazil to Raizen, the energy company joint venture ...

Vertellus to Acquire IM Chemicals

Vertellus to Acquire IM Chemicals

Lube Report Americas - June 2, 2021

Specialty chemicals manufacturer Vertellus acquired IM Chemicals, another specialty chemicals producer involved in the l ...

Lockhart Buys Chlorinated Paraffin Assets

Lockhart Buys Chlorinated Paraffin Assets

Lube Report Americas - May 26, 2021

Lockhart Chemical Co. announced last week that it acquired chlorinated paraffin manufacturing rights and related assets ...

Petrobras Extends Lubnor Sale Deadline

Petrobras Extends Lubnor Sale Deadline

Lube Report Americas - May 12, 2021

Petrobras on Tuesday extended until the end of July the negotiations completion deadline for the sale of a refinery with ...

Fergana Refinery Up for Sale

Fergana Refinery Up for Sale

Lube Report EMEA - May 11, 2021

Uzbek authorities last week announced the government’s intention to sell the Fergana Oil Refinery LLC, the second-larg ...

Equity Firm Buys 40% of SK

Equity Firm Buys 40% of SK

Lube Report Asia - April 30, 2021

The parent company of SK Lubricants on Wednesday announced an agreement to sell 40% of the business to a South Korean pr ...

Kansas City Southern Receives New Bid

Kansas City Southern Receives New Bid

Lube Report Americas - April 28, 2021

Canadian National Railway offered to buy Kansas City Southern railway for $33.7 billion last week, exceeding the $29 bil ...

Deal Reported for SK Stake

Deal Reported for SK Stake

Lube Report Asia - April 23, 2021

A South Korean investment firm has won the competition to buy a minority stake in SK Lubricants, according to local news ...

Meridian Buys Malaysian Lube Producer

Meridian Buys Malaysian Lube Producer

Lube Report Asia - April 9, 2021

Meridian Adhesives Group acquired Pacific Adhesive Systems, a Malaysia-based corporation with lubricant and grease opera ...

Additive

Machine Tools Firm Buys Fluid Supplier

Lube Report Americas - March 24, 2021

Machine tool distributor Concept Machine recently acquired St. Louis, Missouri-based B.C. Macdonald & Co., a cutting ...

Merger Forms Canada-Mexico Rail Network

Merger Forms Canada-Mexico Rail Network

Lube Report Americas - March 24, 2021

Canadian Pacific Railway acquired Kansas City Southern, one of the largest transporters of base oil and lubricants from ...

Lanxess Acquires Chemical Company

Lanxess Acquires Chemical Company

Lube Report Americas - February 24, 2021

Lanxess AG will pay $1 billion to acquire United States-based specialty chemical manufacturer Emerald Kalama Chemical, w ...

Fuchs Picks Up Vietnam Distributor

Fuchs Picks Up Vietnam Distributor

Lube Report Asia - February 12, 2021

Fuchs Group announced this week that it has purchased a controlling stake in the lubricants business of Vietnamese distr ...

Swedish Lube Handling Firm Bought

Swedish Lube Handling Firm Bought

Lube Report EMEA - February 2, 2021

Bergman & Beving’s Tools & Consumables division acquired all shares in fellow Swedish company Germa AB, which develops ...