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Acquisition expands portfolio of premium branded lubricant solutions.
February 28, 2014
By: Melissa Meisel
Calumet Specialty Products Partners, L.P. acquired United Petroleum Company, a wholesale supplier and distributor of premium motor oils, coolants and greases. Financial terms of the transaction were not disclosed at press time. Privately-held United owns Quantum, one of the fastest growing lubricants brands in the industry. Founded in 2011, United currently sells more than 160 Quantum-branded products through more than 50 distributors with sales in 35 states nationally....
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