Mergers & Acquisitions


RelaDyne Extends Reach Again

Lube Report Americas - February 13, 2019

Lubricant distributor RelaDyne closed on the acquisitions of Mansura, Louisiana-based Rachel Oil Co. and Columbus, Missi ...


Cosmo, Cepsa Consider Cooperating

Lube Report Asia - February 8, 2019

Cosmo Oil and Spanish refiner Cepsa are discussing ways of aligning lubricant businesses and may use each other's blendi ...


Earnings Up for Castrol, Apar, Savita; Down for GP

Lube Report Asia - February 1, 2019

Castrol India Ltd. reported a strong increase in profit, GP Petroleums Ltd. posted a significant decrease in net profit, ...


U.S. Distributors Trend Towards Consolidation

Lube Report Americas - January 30, 2019

Pugh Lubricants, Apollo Oil, Veterans Oil and Halco Lubricants, which identify themselves as a single lubricant and fuel ...


Eni, OMV Buy Stakes in Adnoc

Lube Report EMEA - January 29, 2019

Abu Dhabi National Oil Co. signed agreements Sunday selling a combined 35 percent stake in itself to Eni and OMV for a t ...


Brenntag Acquires Reeder Distributors

Lube Report Americas - January 23, 2019

Chemicals company Brenntag AG acquired the lubricants arm of Texas-based Reeder Distributors Inc., continuing to build i ...


French Firm to Acquire Kenyan Lube Marketer

Lube Report EMEA - January 15, 2019

Authorities have approved Rubis proposed acquisition of KenolKobil, one of East Africas leading lubricant suppliers. Rub ...


Quaker, Houghton Say Merger is Progressing

Lube Report Americas - January 9, 2019

Quaker Chemical and Houghton International stated Tuesday that they expect the United States Federal Trade Commission to ...


Parkland Acquires Another U.S. Distributor

Lube Report Americas - December 5, 2018

Parkland Fuel Corp. acquired Holbrook, Arizona-based Bradco Fuels and Lubricants, the companies announced last week. It ...


HollyFrontier to Acquire Sonneborn

Lube Report Americas - November 14, 2018

A HollyFrontier subsidiary will acquire Sonneborn from private equity firm One Equity Partners for $655 million cash und ...


Repsol Explores Acquiring Stake in Blender

Lube Report Asia - October 26, 2018

Spains Repsol signed an agreement to explore acquiring a stake in Singaporean lubricant blender United Oil Co.

Idemitsu, Showa Shell Merger Finishing Up

Idemitsu, Showa Shell Merger Finishing Up

Lube Report Asia - October 19, 2018

Japans Idemitsu Kosan sealed an agreement Tuesday to acquire Showa Shell Sekiyu K.K. setting April 1, 2019, as the effec ...


India Shuts Down Lube Blender

Lube Report Asia - October 12, 2018

The government of India decided Monday to shut down Biecco Lawrie Ltd., citing repeated failures to help the public sect ...


Shell Completes Sale of Argentina Assets

Lube Report Americas - October 10, 2018

Shell announced last week the closing of its sale of downstream assets in Argentina to Raizen - a 50-50 joint venture be ...


Sepahan to Upgrade Base Oil, Wax Production

Lube Report EMEA - October 9, 2018

Sepahan Oil Co., Irans largest base oil refiner, signed a contract with Germanys EDL Anlagenbau GmbH to upgrade base oil ...


Azmol-British Petrochemicals’ Lubes Go Global

Lube Report EMEA - October 2, 2018

Joint venture Azmol-British Petrochemicals ramped up its production this year, with European automakers recommending its ...


New Name, CEO for Acquired Chevron Assets

Lube Report EMEA - October 2, 2018

A Glencore-backed consortiums acquisition of Chevrons downstream operations in South Africa and Botswana is complete, an ...


Univar Acquires Nexeo

Lube Report Americas - September 26, 2018

Univar Inc. agreed last week to acquire Nexeo Solutions Inc. in a $2 billion deal uniting giant global chemical distribu ...