Mergers & Acquisitions

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SK Capital Invests in Lubes Distributor

January 13, 2021

SK Capital Partners L.P. made a controlling investment in Baltimore, Maryland-based lubricants and specialty chemicals d ...

Idemitsu to Buy Up Toa Shares

Idemitsu to Buy Up Toa Shares

January 8, 2021

Japan’s Idemitsu Kosan Co. will consolidate its lubricant and grease business by buying up stock of Toa Oil Co. to mak ...

Need to Know

Need to Know

January 1, 2021

Looking Back and Moving Forward, 2021 Edition  Like many years prior, 2020 started off with price increases. Mos ...

Martin Midstream Sells Mega Lubricants

Martin Midstream Sells Mega Lubricants

December 30, 2020

Martin Midstream Partners LP sold assets used in connection with its Mega Lubricants shore- based terminals and marine l ...

Gulf Oil to Buy Singapore Plant

Gulf Oil to Buy Singapore Plant

December 11, 2020

Gulf Oil International announced Tuesday that it has agreed to purchase a Singapore lubricant blending plant from Ocean ...

S&P Global, IHS Markit Merge

S&P Global, IHS Markit Merge

December 2, 2020

S&P Global and IHS Markit have agreed to merge in a deal that will unite two of the world’s biggest financial data ...

Equity Firm Acquires Kano Labs

Equity Firm Acquires Kano Labs

November 25, 2020

A private equity firm acquired Nashville, Tennessee-based Kano Laboratories, which produces branded penetrating oils and ...

Fuchs Acquires Silicone Lubes Maker

Fuchs Acquires Silicone Lubes Maker

November 4, 2020

Fuchs Group acquired Sanford, North Carolina-based PolySi Technologies, which formulates and manufactures silicone lubri ...

Need to Know

Need to Know

November 2, 2020

Crunch Time  Looking at the United States lubricants business today, it’s hard to believe that just two decade ...

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Hin Leong on Sales Block

October 28, 2020

Troubled oil trader and lubricants producer Hin Leong Trading Pte. has apparently been put up for sale, based on notices ...

Bought Out of Japan, Shell Returns for Lubes

Bought Out of Japan, Shell Returns for Lubes

October 23, 2020

A year and a half after acquiring it, Idemitsu Kosan Co. is selling Shell Lubricants Japan K.K. back to Royal Dutch Shel ...

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Equity Firm Buys Angus Chemical Stake

October 21, 2020

France-based private equity firm Ardian paid $2.3 billion to acquire a 50% ownership stake in Angus Chemical Co. from Go ...

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Cadence Gets New Financial Backer

October 14, 2020

Cadence Petroleum Group has obtained a new private equity investor, and the new backer plans to accelerate the expansion ...

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Equity Firm Buys Warren Distribution

October 14, 2020

A Chicago private equity firm announced last week that it has agreed to acquire majority stakes in Warren Distribution I ...

Calumet Lubes Reportedly on Sales Block

Calumet Lubes Reportedly on Sales Block

October 7, 2020

Calumet Specialty Products Partners LP, which has struggled to make profits in recent years, is considering a sale of it ...

Condat Acquires Italian Firm

Condat Acquires Italian Firm

October 6, 2020

French lubricant company Condat SA last week finalized the acquisition of Kemno, a specialist lubricant and coolant comp ...

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Fuchs Acquires Italian Distributor

October 6, 2020

Fuchs Petrolub SE announced the purchase of Welponer SpA, an Italian lubricant distributor with annual revenue of €4 m ...

Total Acquires Lubrilog

Total Acquires Lubrilog

September 29, 2020

French energy major Total announced last week that it had acquired Lubrilog SAS, thereby strengthening Total’s presenc ...