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‘Total’ buyout of Ultramar’s lubricants biz

MONTREAL, Que. -- Total Lubricants Canada has acquired Ultramar’s lubricants business. The two companies...


MONTREAL, Que. — Total Lubricants Canada has acquired Ultramar’s lubricants business. The two companies have also signed a partnership whereby Ultramar’s company-operated stations will be offering Total lubricants to their customers. Ultramar will also recommend Total lubricants to its business partners, according to a release.

 

“With this new partnership, Total continues its development plan in Canada and North America. We are convinced that our technology will provide real added value to our mutual customers in the automotive and industrial sectors and we are looking forward to pursuing our development together in Canada,” said Olivier Goutal, president of Total Lubricants Canada.

 

Total operates a blending plant in Montreal with a capacity of 35,000 tonnes, and employs 54 persons in its offices and plants in Montreal, Toronto and Calgary.

 

“We are pleased with this new partnership with Total which gives our customers access to an internationally recognized brand in this highly specialized lubricants business, while assuring very competitive services,” said Jean Bernier, president of Ultramar.


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