M&A Deal Summary |
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Date | 2016-05-02 |
Target | Universal Lubricants - New Oil Business |
Sector | Distribution |
Buyer(s) | PetroChoice |
Sellers(s) | Universal Lubricants |
Deal Type | Divestiture |
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Category | Company |
---|---|
Founded | 1969 |
Sector | Distribution |
PetroChoice is the largest lubricant distributor in the United States, providing business solutions for industrial lubricant needs and commercial and passenger car motor oil. PetroChoice was founded in 1969 and is headquartered in King of Prussia, Pennsylvania.
DEAL STATS | # |
---|---|
Overall | 7 of 14 |
Sector (Distribution) | 4 of 11 |
Type (Divestiture) | 1 of 2 |
State (Kansas) | 1 of 1 |
Country (United States) | 7 of 14 |
Year (2016) | 1 of 3 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2015-11-02 |
Badger Lubrication Technologies
Milwaukee, Wisconsin, United States Badger Lubrication Technologies, Inc. is a distributor of lubricants and specialty products for the passenger vehicle, commercial, and industrial markets. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2016-06-01 |
Hagan Kennington Oil
Gastonia, North Carolina, United States Hagan Kennington Oil Co. is a distributor of lubricants, equipment and a wide range of related services to the commercial, automotive, and industrial markets. |
Buy | - |
Category | Company |
---|---|
Founded | 1929 |
Sector | Manufacturing |
Universal Lubricants was created at the time of the internal combustion engine to compound, package and distribute petroleum products. Today, the company has engineered a diverse product line of oils, greases, and other lubricating fluids for use in sophisticated engines and equipment. Universal proudly offers a wide range of environmental services including used oil collection, used oil filter collection, used anti-freeze collection and a parts washers’ service program. In addition, Universal houses a state-of-the art lubricants laboratory that provides quality control, serves as a research and development facility, and monitors our oils and their related performance specifications
DEAL STATS | # |
---|---|
Overall | 1 of 1 |
Sector (Distribution) | 1 of 1 |
Type (Divestiture) | 1 of 1 |
State (Kansas) | 1 of 1 |
Country (United States) | 1 of 1 |
Year (2016) | 1 of 1 |