Trail Creek Completes Investment in Warren Oil Company
Today Warren Oil Company announced that Trail Creek Investments has completed an investment in Warren Oil Company, headquartered in Dunn, NC. W. Irvin Warren, founder of Warren Oil, will remain an investor and director in the company. Rich Kalin, a 23 year industry veteran, will serve as President and CEO.
Warren Oil is the largest independent blender and packager of lubricants to the automotive, agriculture, commercial and heavy duty markets in North America. The company operates six manufacturing and packaging facilities, located in North Carolina, Alabama, Arkansas, Texas, Illinois, and Pennsylvania. Warren Oil markets it lubricants, both conventional and synthetic, domestically and internationally to over forty countries, under the WARREN® brand, the LUBRIGUARD® brand, the LUBRIGOLD® brand and the ITASCA® brand. Warren Oil also manufactures and markets private label products for a number of Fortune 500 companies in addition to manufacturing and marketing a full line of automotive and heavy duty chemicals, including anti-freeze and brake fluids, under its proprietary AUTOGUARD® brand name.
Trail Creek Investments is a privately owned investment company with holdings in the distribution of automotive and industrial refinishing products and the manufacture and distribution of industrial, medical, beverage and specialty gases and supplies.
Wells Fargo Securities served as the exclusive financial advisor to Warren Oil Company in connection with the transaction.