CAM2 International, LLC, has been acquired by a group of investors led by Jack Baker, CAM2’s long time President and now CEO, and Walter Tyson, CAM2’s newly named President.
Jack Baker, President of CAM2 since its inception in 1984, is excited to announce that he along with a group of investors that includes Walter Tyson, former Senior VP of Martin Lubricants/Cross Oil, have acquired ownership of CAM2 International, LLC from Omega Holdings Co, LLC. CAM2 International is proud to announce that with this new strategic plan they have positioned themselves for success and very strong future growth.
This asset purchase includes the rights to all of the CAM2 brands, the CAM2 marketing organization and various other assets to include the Hammond Lubricants Works blending facility, located just south of Chicago in Hammond Indiana. CAM2 will also continue to manufacture at the Golden State Lubricant Works blending facility, located in Bakersfield California. Jack Baker will remain with CAM2 and take on the role of CEO and Walter Tyson will become the new President. Jack Baker says “This decision was made to ensure that CAM2 was in a position to be fully focused on its core business and to allow the organization as a whole to be proactive in its efforts to make the necessary changes to grow and prosper in the newly evolving and competitive marketplace. With the addition of Walter Tyson as President of CAM2 and his experience to our existing management team, we believe we have the strongest and most experienced leadership in the lubricants industry today.”
Walter Tyson comes to CAM2 from Martin/Cross Lubricants where he spent twenty-two years serving in numerous positions ending his tenure as Senior Vice President of Martin Lubricants. He was responsible for the construction of their 235,000 SF packaging facility in Smackover, AR and led the team that built and managed the start-up packaging company for the past eleven years. He has a B.S. degree from Harding University and served in the U.S. Marines from 1988 to 1992.
Other than the addition of Walter Tyson as President, the previously existing senior management team will stay in place. The CAM2 management team is comprised of the following individuals; Jack Baker CEO, Walter Tyson President, John Horstman Executive Vice President, Garry Rooney Sr. VP. Special Projects, Steve Shockites VP Logistics, Lindsay Baker-Hegna VP Sales & Marketing and Jeff Cosman VP of Manufacturing.
Walter Tyson, President says “I am proud to join this well respected company and this highly experienced group of senior managers and firmly believe that the continuity of this management team will insure that CAM2’s focus on quality, products, customers and service that has set CAM2 apart from many of its competitors will stay in place.”
About CAM2
CAM2 International, LLC markets a complete line of World Class Lubricants through an outstanding group of distributors at value prices all across the United States and in numerous international countries. CAM2 offers a wide array of premium quality automotive, commercial and industrial lubricants that includes brake fluids, power steering fluids, greases and gear oils, aerosol and liquid pour chemicals, antifreeze, washer fluid. CAM2 International is the largest independent bulk lubricant supplier in the United States and offers an extensive line of premium lubricants in all package sizes. CAM2 also offers customizable private label programs.
Source: CAM2