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Red Giant Oil Company

Company Summary

Description

Red Giant Oil, a private family-owned lubricants company founded in 1903, is one of the largest suppliers of locomotive engine oil in North America. Headquartered in Council Bluffs, Iowa, Red Giant Oil has storage facilities in Idaho, Utah and Wyoming, along with a blending and packaging facility in Texas. Following the acquisition, Red Giant Oil is expected to generate approximately $7.5 million in annual forecasted EBITDA for HollyFrontier.

Related Entities

Recent news

  • 7/10/2018 - HollyFrontier Acquiring... (subscriber access)

Company Transactions

Date: 9/30/2018
Type: Acquisition

BUYERS:
  • HollyFrontier Corporation
    • SELLERS:
  • Red Giant Oil Company
    • DETAILS:
    NOTES:
    HollyFrontier has entered into a deal to acquire Red Giant Oil Company.
    REGIONS:
  • Rockies