HF Sinclair Corporation's Lubricants & Specialties business has entered into a definitive agreement to acquire Industrial Oils Unlimited, LLC (IOU), a leader in industrial lubricants and specialty fluids, for a purchase price of $38 million, which includes approximately $15 million of working capital. The transaction is expected to close in the first quarter of 2026, subject to customary closing conditions. HF Sinclair expects the acquisition to enhance its Lubricants & Specialties segment, accelerate innovation, and strengthen its value proposition and go-to-market strategy in the U.S. The purchase price implies a 2027 expected EBITDA multiple of approximately 3.5x after synergies.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. HF Sinclair Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20251208158565) on December 08, 2025, and is solely responsible for the information contained therein.
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