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Calumet Specialty Products Acquires Lubricant Brand

Calumet Specialty Products Partners, L.P. United Petroleum Company
AnnouncedFeb 28, 2014
TypeCorporate
Announced Date
February 28,2014
Transaction Type
Corporate




Snapshot
Location
Country
United States

State
Indiana


Transaction Details:  Subscribe to see

Calumet Specialty Products Partners, L.P. (CLMT) a leading independent producer of specialty hydrocarbon and fuel products, today announced that it acquired United Petroleum Company, a wholesale supplier and distributor of premium motor oils, coolants and greases.

Financial terms of the transaction were not disclosed.

Jennifer Straumins, President and COO of Calumet Specialty Products Partners said: "The Quantum brand is one of the fastest growing lubricants brands in the industry. 

The team at United has brought together a highly effective sales and marketing organization that we intend to…

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