Rhinehart Oil Acquires Colorado Based Rex Oil Company

rhinehartrex1Rhinehart Oil Co., Inc. Announces Acquisition and Integration Of Rex Oil Company

Rhinehart Oil Co., Inc. announces the recent acquisition and integration of Rex Oil Company, headquartered in Denver, Colorado. The acquisition of Rex Oil Company significantly expands Rhinehart Oil’s presence as a premier fuels and lubricants distributor in the Rocky Mountain region. This acquisition will provide Rhinehart Oil a wider distribution footprint into Utah, Wyoming, and Colorado and provide more products and services to customers in these areas.

4212017quote41“We are extremely excited about this acquisition. It expands our reach in the Rocky Mountain region allowing us to serve a larger customer base,” said John Jardine, Co-CEO of Rhinehart Oil Company. “Tina Powell (President of Rex Oil Company) and I have been friends for several years and I couldn’t be happier this worked out. It’s a great company with a lot of great employees whom we are excited about having joined our team.”

Tina Powell agrees and adds, “I am very happy to make this announcement, I know we chose the right company to give our customers the quality products and excellent service they deserve and expect. It was very important to me that we choose a company that I trusted to care for our many, many long-term employees and customers and I firmly believe we have made the best possible choice.”

A Note From JobbersWorld: The Rex Oil Company described above is a different company than Rex Oil in South Carolina whose lubricants division was acquired by PetroChoice in 2016.

About Rhinehart Oil:
Rhinehart Oil is a privately held family business, based in American Fork, UT. The company has serviced customers in Utah and Wyoming since 1976. Rhinehart Oil provides exceptional quality and impeccable service. Rhinehart Oil is a total solutions provider that offers a wide range of high quality products and supporting services to industrial, commercial, and automotive markets. Rhinehart Oil distributes a wide variety of products including lubricants, fuels, diesel exhaust fluid (DEF), equipment, chemicals, and automotive ancillary products. More.

About Rex Oil Company:
Rex Oil Company has serviced the Colorado market since 1937. This acquisition comprises of both Rex Oil Company and Gray Oil Company, who previously merged into Rex Oil Company in 2014. The company services a broad range of customers with fuel, lubricants, diesel exhaust fluid (DEF), and chemicals throughout the Colorado and South East Wyoming region. This acquisition includes wholesale distribution facilities, convenience stores, and card locks throughout Colorado. More.

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