DCF Advises on the Sale of Automotive Lubricants Company
International Lubricants sells to Stellar Automotive Group
Deloitte Corporate Finance LLC (DCF) is pleased to announce its role as exclusive financial advisor to International Lubricants, Inc. (ILI) in its sale to Stellar Automotive Group (Stellar) for an undisclosed amount. ILI’s products are marketed principally under the LUBEGARD® trade name.
The DCF team assisted ILI in the transaction, from the initial range of value assessment and development of marketing materials to the identification of potentially interested parties, coordination of the due diligence process and assistance in deal negotiations. This transaction further highlights DCF’s experience in and focus on the rapidly consolidating automotive aftermarket industry.
About International Lubricants Inc. and Stellar Automotive Group
International Lubricants, Inc., headquartered in Seattle, Washington, is a leading researcher, developer, manufacturer and marketer of unique automotive synthetic lubricants, industrial lubricants and other chemicals manufactured from vegetable oils and their derivatives. Since inception, the Company has focused on its rigorous research and development process which has led to a rich portfolio of trade secrets and intellectual property. The Company’s research into biodegradable chemicals using liquid wax esters has led to technological breakthroughs in anti-wear, friction modification, oxidation stability and other desirable lubrication qualities.
Stellar Automotive Group, headquartered in Seville, Ohio, is a leading manufacturer of a wide range of aftermarket transmission components to the automotive industry.