Mergers/Deals/Acquisitions

GP Global Acquires Nigerian Blender

GP Global Acquires Nigerian Blender

Lube Report EMEA - April 20, 2020

GP Global acquired the lubricants assets of Lagos, Nigeria-based Grand Petroleum. A GP Global executive told Lube Report ...

Kluber Acquires Wire Drawing Lube Maker

Kluber Acquires Wire Drawing Lube Maker

Lube Report EMEA - January 7, 2020

Kluber Lubrication announced last week it acquired wire drawing lubricant producer Traxit International GmbH and its sub ...

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Chevron and Akwa Form Morocco Hub

Lube Report EMEA - December 24, 2019

Chevron and Casablanca, Morocco-based energy company Akwa Group reached an agreement to create an African lubes hub in M ...

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Fuchs Buys Shares in African Distributors

Lube Report EMEA - December 10, 2019

The Fuchs Group acquired half the shares of three separate African lubricant distributors to strengthen its presence in ...

Master Fluid Acquires Wilhelm Dietz

Master Fluid Acquires Wilhelm Dietz

Lube Report EMEA - October 15, 2019

Master Fluid Solutions announced on Oct. 7 the acquisition of German metalworking fluids manufacturer Wilhelm Dietz GmbH ...

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Quaker Houghton to Acquire Norman Hay Divisions

Lube Report EMEA - September 3, 2019

Quaker Houghton announced Aug. 29 that it agreed to acquire the four operating divisions of United Kingdom-based Norman ...

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Distributor Expands into Scandinavian Market

Lube Report EMEA - August 27, 2019

German specialty chemical distributor Biesterfeld Spezialchemie acquired Norwegian lubricant distributor Lindberg & Lund ...

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Sabic, Clariant Defer Union

Lube Report EMEA - August 13, 2019

Chemical manufacturer Saudi Basic Industries Corp., a 24.99 percent stakeholder in Clariant AG, said the two companies w ...

Orlen-Lotos Merger Draws Scrutiny

Orlen-Lotos Merger Draws Scrutiny

Lube Report EMEA - August 13, 2019

The European Commission opened an in-depth investigation into the planned merger of Polands two main oil companies, PKN ...

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Croda Acquires Rewitec

Lube Report EMEA - July 23, 2019

Croda International Plc announced last week the acquisition of Rewitec GmbH, stating it aims to help the German additive ...

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Petronas Buys Lube Additive Maker BRB

Lube Report EMEA - May 21, 2019

Petronas Chemicals Group Bhd of Malaysia agreed to acquire Netherlands-based lube oil additive manufacturer BRB Internat ...

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Aramco to Take Smaller Stake in Oilbank

Lube Report EMEA - April 16, 2019

Saudi Aramco reached an agreement to purchase a 17 percent stake in South Korean oil refiner Hyundai Oilbank for 1.4 tri ...

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Aegean Emerges from Chapter 11

Lube Report EMEA - April 9, 2019

Marine fuels and lubricants supplier Aegean Marine Petroleum Network emerged from Chapter 11 restructuring last week und ...

Aramco Agrees to Buy Control of Sabic

Aramco Agrees to Buy Control of Sabic

Lube Report EMEA - April 2, 2019

Saudi Aramco reached an agreement last week to buy a 70 percent stake in Sabic, one of the worlds largest chemical compa ...

Serbian Blender Fam Acquired by Valvoline

Serbian Blender Fam Acquired by Valvoline

Lube Report EMEA - March 12, 2019

Valvoline Inc. acquired Serbian lubricant blender Fam last week for 9.5 million (U.S. $10.7 million) in a bid to expand ...

Additive

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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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. Ru ...