Financial News

Calumet Acquires United Petroleum Company

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 via more than 50 distributors with sales in 35 states. 

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