Midstate is a full-service environmental business focused primarily on processing used oil for thousands of clients throughout Texas, New Mexico and Louisiana.
Midstate will continue to operate under its own name, but its employees and facilities will be integrated into Universal Lubricants' existing operations. The acquisition adds eight facilities and expands the Company's reach to 16 states.
"The Midstate acquisition is another step in UL's strategic plan to become one of America's premier providers of top-quality lubricants using re-refined base oils," said John Wesley, UL's chief executive officer. "Today's announcement also demonstrates that the environmental and economic forces driving our company are real; UL is growing to meet the demand in the marketplace for our products and services."
For more information about Universal Lubricants and its line of automotive and industrial lubricants, please visit www.ecoultraoil.com.