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Markets :: Specialty Chemicals :: Lubricants

O'Rourke acquires Texas-based Shell lubricant distributor

1:11 PM MST | January 14, 2013 | Lindsay Frost

O’Rourke Petroleum (Houston), a distributor of lubricants, fuels, and environmental services, announced that it is acquiring Penco Oil (Tyler, TX), a family-owned distributor of lubricant products and services. Penco is a Shell distributor that also offers products from Pennzoil, Quaker State, Castrol, and Shell, according to O’Rourke. Financial terms of the agreement were not disclosed. O’Rourke is continuing to seek expansion throughout Texas and the Gulf Coast with other distributors and businesses that fit with their long-term strategic...

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