Stonepeak /
Castrol
Stonepeak takes majority control of Castrol from bp
- Terms
- Undisclosed
- Stage
- Closed
- Seller
- BP p.l.c.
What happened
Stonepeak has closed its purchase of a 65% stake in Castrol, the lubricants and thermal management fluids business, from bp. bp keeps a 35% minority interest, and CPP Investments backs the deal as an indirect minority holder.
Castrol now has a new Board of Directors chaired by Ben van Beurden. Stonepeak says its early focus will be operational improvement and growth. Terms weren't disclosed in the closing release.
Who bought Castrol?
Stonepeak acquired Castrol from BP p.l.c. (Closed, published 2 Nov 2026).
The source
Everything on this page comes from the source below.
Stonepeak takes majority control of Castrol from bp
This document is the source for the companies, stage and people on this page.
Original filingUnlock with ProTimeline
Every date the source states, in order. Anything marked ahead is a target the source gives, not something that has happened.
Published by the source
The source this page is built from.
The same firms, in other posted deals
- BP p.l.c. · buyer · BP p.l.c. / BP Midstream Partners LPBefore this deal
- Stonepeak · buyer · Stonepeak / Transportation Finance and Vendor Finance businessesBefore this deal
- Stonepeak · buyer · Stonepeak / Estia HealthBefore this deal
Deal Web
Every firm and person on this deal, and how they connect. Open any name to see their other deals.
Closed · Stonepeak acquired Castrol from BP p.l.c. (Closed, published 2 Nov 2026).
Published 2 Nov 2026- Published by the source
By email · Weekly