Constantine "Costa" Kapothanasis II Acquires The Lubri-Loy Company, Carrying a 77-Year-Old American Lubricant Brand Into Its Next Era
Costa Oils chief buys the St. Louis lubricant maker founded in 1949, terms undisclosed
ST. LOUIS, MO — Constantine Kapothanasis II, president and CEO of Costa Oils, has acquired 100 percent of The Lubri-Loy Company, the St. Louis lubricant maker founded in 1949 as an automotive oil-additive brand, from longtime owner David Graham. Terms were not disclosed.
Lubri-Loy keeps its name, headquarters, distributor network and its industrial oils, greases and maintenance chemicals line. Plans include a rebrand, a rebuilt website and training platform, and a return to automotive service bays through Costa's network of more than 60 quick-lube locations.
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