Lube City Corp. (Edmonton, Alberta) — one of the largest Canadian-owned quick-lube operators with 27 shops across Alberta — on Nov. 21 announced a partnership with the Motosel Industrial Group and BDC Capital designed to finance an ownership transition to the second-generation of the Kallis family and to allow Lube City to pursue growth and strategic expansion.
Motosel of Coquitlam, British Columbia, is a manufacturer and distributor of motor oil, lubricants and other petrochemical products, with products available at over 1,000 retail locations across Canada.
According to an announcement from Lube City, the relationship with Motosel allows Lube City to control its oil supply chain and continue to offer customers products that are warranty-approved by all major OEMs.
“This partnership enables our family business to continue to provide the same high-quality service that our customers have relied upon, while enabling us to accelerate and expand our reach beyond our current store footprint,” Jason Kallis, Lube City’s president, said in the aforementioned announcement.
With Motosel’s involvement in the business and a minority equity investment from BDC, Lube City remains one of the few quick-lube chains owned and operated by Canadians, according to Lube City.