Privately held Bluewave is Shells largest branded distributor in Canada, delivering lubricants, diesel fuel, gasoline, heating oil and related products and services to commercial, industrial and residential customers across Canada. Last year Bluewave had total sales volume of 645 million liters.

Red Deer, Alberta-based Parkland said the acquisition gives it a delivery network and sales in all Canadian provinces except Newfoundland. The acquisition expands Parklands geographic footprint into Atlantic Canada, strengthens its position in Ontario and Western Canada, and further balances its product mix, said Mike Chorlton, its president and CEO.

Lubricant Distributors Merge
United Fuel and Energy on Dec. 30 outlined a merger with Southern Counties Oil Co. (known as SC Fuels) and its acquisition subsidiary Goldstream. Under the agreement, Goldstream will make a tender offer to buy all outstanding shares of United Fuels common stock not already owned by SC Fuels and its affiliates for 30 cents per share. The full acquisition price was not disclosed.

Following the offers completion, United Fuel will be merged into Goldstream.

Orange, Calif.-based United Fuel distributes lubricant products, gasoline, and diesel fuel primarily into certain markets of Texas, California, New Mexico, Arizona and Oklahoma. The company represents the consolidation of numerous companies, including lubricants and fuel distributor Reamax Oil Co., the Eddins-Walcher Co. and Cardlock Fuels System. United Fuel sells wholesale lubricants and fuel to commercial customers.

SC Fuels, also in Orange, is a limited partnership that distributes petroleum products, including lubricants and heating oils, throughout the western United States.

Zep Acquires Amrep
Specialty chemical products provider Zep yesterday said it acquired privately-held Amrep for about $64.4 million in cash. Marietta, Ga.-based Amreps products include specialty spray penetrants and lubricants, industrial greases, and a variety of specialty oils, including hydraulic, chain, cable and rope oils.

Amrep has become a wholly-owned subsidiary of Atlanta, Ga.-based Zep and will operate as its ninth division. Zep said the acquisition will allow it to expand its presence in a number of end markets, and will enable it to enter the U.S.-based Asian OEM market, considered a significant growth opportunity.

Aegean Buys Bunkering Firm
Aegean Marine Petroleum Network on Monday announced plans to acquire Verbeke Bunkering N.V., a leading supplier of marine fuel in the Antwerp-Rotterdam-Amsterdam region. The acquisition is scheduled to close by the end of the first quarter this year. Terms were not disclosed.

Piraeus, Greece-based Aegean is an international marine fuel logistics company that markets and supplies refined marine fuel and lubricants to ships in port and at sea. Verbeke is based in Sint-Job-in-‘t-Goor, Belgium.