One-Page Deal Sheet
Phillips 66 to Acquire Lubricant Company Spectrum Corp.
Phillips 66 Spectrum Corporation
Announced Date
June 23,2014
Transaction Type
Corporate
Location
Country
United States
State
Tennessee
Transaction Details: Subscribe to see
Phillips 66, an energy manufacturing and logistics company, has agreed to acquire Spectrum Corporation, a leading specialty lubricants company.
Tim Taylor, president, Phillips 66 said: "The acquisition of Spectrum complements our strong-performing Lubricants business by increasing our access to specialized global lubricants markets and is in line with our strategy to selectively grow our Marketing and Specialties segment.
It also creates new opportunities to expand our worldwide Lubricants customer base."
Kent Farmer, chief executive officer, Spectrum said: "We are excited to join Phillips 66…
United States Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Dec-01-2014 |
-  |
- |
Click here | Service | |
| Nov-04-2014 |
- |
- |
Click here | North Dakota | Service |
| Nov-03-2014 |
- |
- |
Click here | Service | |
| Oct-17-2014 |
- |
- |
Click here | Texas | Service |
| Oct-16-2014 |
- |
- |
Click here | Texas | Service |
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Apr-14-2020 |
- |
- |
Click here | Tennessee | E&P |
| Oct-17-2019 |
- |
- |
Click here | Tennessee | Midstream |
| Sep-18-2019 |
- |
- |
Click here | Tennessee | Midstream |
| Apr-04-2017 |
- |
- |
Click here | Tennessee | E&P |
| Jan-15-2016 |
- |
- |
Click here | Tennessee | Service |