Bullboard - Stock Discussion Forum ReGen III Corp. V.GIII

Alternate Symbol(s): ISRJF

ReGen III Corp. is a Canada-based cleantech company commercializing its ReGen, patented technology to recycle used motor oil (UMO) into high-value Group III base oils. The ReGen technology is designed to produce the highest quantity of high base lubricating oils of any re-refining process. Its ReGen technology, produces a 53% yield of Group III, which is a high yield base lubricating oils in... see more

TSXV:GIII - Post Discussion

ReGen III Corp. > Private capital acquiring lubricants producer

View:

Post by RedDevil14 on Oct 15, 2020 11:54am

Private capital acquiring lubricants producer

Pritzker Private Capital (“PPC”), a leader in family direct investing, announced today that it has signed definitive agreements to acquire Highline Aftermarket Holdings, LLC (“Highline”), a leading national distributor of automotive aftermarket products that is majority owned by The Sterling Group, and Warren Distribution, Inc. (“Warren”), a leading manufacturer of private label lubricants and automotive chemicals that is majority owned by Chairman and CEO Bob Schlott. PPC and co-investors are investing alongside members of the Highline and Warren management teams. The companies will be combined upon closing of the transaction, which is expected by December 2020.

Clearly strong interest from financial groups in the base oils/ lubricants space.

147