Brenntag Expands U.S. Lubricants Business with Acquisition of B&M Oil
B&M Oil generated sales of $28.5 million in 2018.
Brenntag recently announced its acquisition of B&M Oil Co., a regional lubricants distributor headquartered in Tulsa, Okla. The company is engaged in the sale, marketing, and distribution of lubricants to automotive, industrial, commercial, construction, and agricultural consumers throughout Oklahoma.
The products distributed are primarily from ExxonMobil, including Mobil™-branded passenger vehicle, commercial vehicle, and industrial lubricants. B&M generated sales of $28.5 million in 2018.
“B&M is a bolt-on acquisition for J.A.M. Distributing, our Brenntag Lubricants business platform in the central U.S. region, and will expand our offering in the growing Oklahoma marketplace,” said Markus Klaehn, member of the Brenntag Group management board and CEO of Brenntag North America.
For more information, visit www.brenntag.com.