Mergers & Acquisitions

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Luroda Buys Out GS Caltex for Tianjin Plant

August 18, 2023

Chinese lubricant manufacturer Luroda recently acquired GS Caltex’s 65% share in their joint venture blending plant in ...

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MOGoil Bought by Ergon Subsidiary

August 1, 2023

Ergon announced today that its subsidiary Process Oils Inc. has acquired MOGoil, a major base oil trader in Europe. The ...

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Investment Firm Buying Crystal Clean

July 19, 2023

Heritage-Crystal Clean, owner of North America’s second-largest rerefinery, announced today an agreement to be bought ...

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LubriSource Acquires IFH Fluid Storage Line

June 7, 2023

LubriSource purchased IFH Group’s global fluid storage and dispensing product line – long used by industries handlin ...

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Slicker Acquires Waste Oil Collector Oil Monster

May 23, 2023

Waste oil collector Slicker Recycling Ltd. acquired competitor Oil Monster for an undisclosed sum in mid-May. The purcha ...

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Etna Acquires JTM’s Metalworking Fluid Line

May 17, 2023

Chagrin Falls, Ohio-headquartered Etna Products Inc., which develops and produces lubricants for non-ferrous metal drawi ...

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Amsoil Acquires Industrial Lube Blender

May 10, 2023

Superior, Wisconsin-based Amsoil Inc. acquired fellow Wisconsin lube blender Benz Oil, the companies announced on Monday ...

A Phase Change in Consolidation

A Phase Change in Consolidation

May 1, 2023

Lubricant distributors have been through several phases of consolidation during the past few decades. Is the industry in ...

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Groupe Berkem Acquires Oilseed Miller

April 4, 2023

French biobased chemistry company Groupe Berkem yesterday announced completion of its acquisition of Biopress, a French ...

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Political Pressure Mounts Against Lubnor Sale

March 22, 2023

While Petrobras and Grepar Participacoes await the conclusion of a second regulator review of Grepar’s bid to buy the ...

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KLK Acquires Oleo Maker Temix

March 14, 2023

KLK Oleo acquired a controlling stake in Italian oleochemical producer Temix Oleo, the companies announced. The move exp ...

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Motorex Acquires Spectro Performance Oils

February 15, 2023

Motorex USA Inc. acquired Intercontinental Lubricants Corp.’s Spectro Performance Oils business, the company announced ...

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Vivo, Engen Merge African Operations

February 14, 2023

Engen and Vivo Energy will combine their respective African businesses to create one of Africa’s largest energy distri ...

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Ardova Chief Wants to Buy Out Minority Owners

February 14, 2023

The majority owner of Nigerian fuels and lubricant supplier Ardova plc has proposed to buy out other shareholders and to ...

Vertex Sells Heartland Rerefinery

Vertex Sells Heartland Rerefinery

February 1, 2023

Vertex Energy Inc. announced today that it has again reached an agreement to sell its Heartland used motor oil collectio ...

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Aramco Subsidiary Absorbs Motiva Trading

January 25, 2023

Saudi Aramco announced Jan. 18 that Houston-based Aramco Trading Americas LLC will be the sole supplier and “offtaker ...

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ExxonMobil Keeps Thailand Lubes Business

January 13, 2023

ExxonMobil announced yesterday that it will create a new company for its finished lubricants and chemicals business in T ...

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Lubnor Sale Sent Back for Review

January 11, 2023

Last year’s purchase of the Lubnor refinery by Grepar Participacoes will be reviewed by a Brazilian court after a judi ...