Mergers & Acquisitions

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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 ...

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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 ...

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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, ...

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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 ...

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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 ...

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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 ...

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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 ...

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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 ...

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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 ...

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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 ...

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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 ...

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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 ...

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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 ...

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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 ...

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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 ...

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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 ...

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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 ...