Parman Acquires Star Petroleum

parmanenergyParman Energy Corporation, “Parman”, announced its acquisition of Star Petroleum in Blytheville and Jonesboro, AR. Star Petroleum is a petroleum distribution company that serves Arkansas, Missouri, and West Tennessee. The company has been proudly owned and managed by Jim Sims for over 20 years.

Star Petroleum specializes in oils and greases, motor fuels, diesel exhaust fluid and coolants. With Citgo as their leading lubricants brand, the company is best known for their service to the vast agricultural and industrial areas in Arkansas. “We are pleased to be joining forces with the Parman team” says Star Petroleum owner, Jim Sims. “Their staff understands and reflects our mission to deliver industry leading customer service and quality products.”

Mark Spaniol, Parman’s Sr. VP of Sales, says “Star Petroleum has a great reputation for service and customer loyalty. We’re excited about the opportunities this union will bring and are proud to have Star become a part of the Parman Energy family.” This partnership will bring new products to Star Petroleum’s customers, and will also bring some of Citgo’s most esteemed brands to the Parman family, such as Mystik and Clarion.

“We are excited to be increasing our service footprint into Eastern Arkansas” says Steve Moore, Parman’s President & CEO, “and look forward to expanding Star’s resources and technical expertise with a focus on Totally Outrageous Customer Service.”

About Parman Energy Corporation
Parman Energy Corporation is an employee owned company that delivers quality lubricant products, diesel exhaust fluid, motor fuels, petroleum equipment, metalworking fluids, coolants, and related products and services. Since the mid-1930’s, the Parman name has been a name synonymous with petroleum products in Tennessee and has since continued to expand their diverse petroleum product offerings throughout the Southeastern U.S. For additional information, please visit the company website at www.parmanenergy.com.

Pugh-Apollo Acquires Veteran’s Oil

Pugh Apollo logoPugh Lubricants and Apollo Oil (“Pugh-Apollo”) announced the acquisition of Veteran’s Oil, headquartered in Birmingham, AL. Veteran’s Oil is a leading regional distributor of fuels, lubricants, diesel exhaust fluid (DEF), and related products and services for the automotive, commercial, and industrial markets. Veteran’s Oil covers the Alabama and Georgia markets from distribution centers in Birmingham, Montgomery and Atlanta. This geography borders the existing company footprint that includes North Carolina, South Carolina, Virginia, Tennessee, Kentucky, Ohio, and West Virginia.

VeteransLogoPugh-Apollo President Mike Pugh said, “The addition of Veteran’s Oil is a great fit for our organization and will strengthen our ability to serve customers throughout the Southeast. We are excited to expand further into Alabama and Georgia with a great new partner who shares our commitment to delivering quality products and providing great service.” Jason Musgrove, General Manager, Veteran’s Oil said, “This is a great opportunity to bring Veteran’s top quality workforce and exceptional customer service into an organization with similar values.”

Key strategic benefits of the acquisition include:

  • Augmented product offerings and deeper market footprint. The larger distribution reach offers suppliers unmatched access to customers in the expanded operating region and provides a greater selection of products and services for customers.
  • Enhanced service for customers. The combination of the companies’ resources allows for accelerated investment in technology and personnel, reinforcing the company’s leading position in service to its customers.
  • Investment in employees. The larger and growing organization allows for enhanced training, technology, and career advancement opportunities for employees, making the firm a preferred employer in the markets served.
  • Plans to pursue further expansion. The company plans to pursue organic and inorganic growth opportunities while continually investing in its value proposition to customers and suppliers.

The transaction was effective as of September 26, 2017.

About Pugh Lubricants and Apollo Oil (“Pugh-Apollo”)
Pugh-Apollo is a distributor of nationally branded and private label finished lubricants, antifreeze, and other ancillary product lines throughout the Carolinas, Virginia, Tennessee, Kentucky, Ohio, West Virginia and portions of Georgia, Alabama, Illinois, Indiana, Mississippi, and Arkansas. For additional information, www.PughLubricants.com and www.ApolloOil.com.

About Veteran’s Oil
Veteran’s Oil is a distributor of nationally branded and private label fuels, finished lubricants, antifreeze, and other ancillary product lines throughout Alabama and Georgia. For additional information, please visit www.veteransoilinc.com.

PQIA Finds “Two More Bad Apples”

The Petroleum Quality Institute of America (PQIA) put two more products on its “DON’T BUY” list.

In the day following the PQIA Lubricant Quality Summit on September 14th, PQIA said it stopped by several convenience stores located within a few blocks of the hotel where the Summit reception was held. To its disappointment, PQIA reported that it found two products on the shelves that immediately raised concern due to labeling issues. The PQIA says that in addition to what’s on the labels being a concern, most concerning is what the found in the bottles when tested. CLICK FOR MORE

blog1062017pic

Berkshire Invests in Pilot Flying J, Lubrizol Surcharge, New Valvoline Bottle, PQIA Summit Success

Berkshire Hathaway Invests in Pilot Flying J

shutterstock_443081914Berkshire Hathaway Inc. and Pilot Flying J jointly announced that Berkshire has made a significant minority investment in Pilot Travel Centers LLC, d/b/a Pilot Flying J. The Haslam family will continue to own a majority of Pilot Flying J and Jimmy Haslam will remain as chief executive officer. Pilot Flying J President Ken Parent and the Company’s management team will also remain in place. The Company will continue to be headquartered in Knoxville, TN.

Pilot Flying J is the largest operator of travel centers in North America, with more than 27,000 team members, 750 locations across the U.S. and Canada, and more than $20 billion in revenues. The investment will expand Pilot Flying J’s opportunities for growth, as the Company remains committed to delivering outstanding service for the trucking industry, professional drivers, local communities and interstate travelers across North America.

Under the terms of the agreement, Berkshire will acquire a 38.6 percent equity stake in Pilot Flying J. The Haslam family will continue to hold a majority interest with 50.1 percent ownership in the Company and FJ Management, Inc., owned by the Maggelet family, will retain 11.3 percent ownership until 2023. In 2023, Berkshire will become the majority shareholder by acquiring an additional 41.4 percent equity stake and the Haslam family will retain 20 percent ownership in the Company and remain involved with Pilot Flying J.

“Pilot Flying J is built on a longstanding tradition of excellence and an unrivaled commitment to serving North America’s drivers,” said Warren Buffett, chairman, president and CEO of Berkshire Hathaway. “Jimmy Haslam and his team have created an industry leader and a key enabler of the nation’s economy. The Company has a smart growth strategy in place and we look forward to a partnership that supports the trucking industry for years to come.”

“Given the impeccable reputation of Warren Buffett’s Berkshire Hathaway, and our shared vision and values, we decided this was an ideal opportunity,” said Jimmy Haslam, CEO of Pilot Flying J. “As a family business that has evolved and prospered over the last six decades, we knew that any potential partner would need to share our commitment and have a proven track record as a long-term investor. We have that in Berkshire Hathaway – they believe in our strategy, support our team and are excited to see Pilot Flying J grow. We are honored and humbled to partner with them.”

James Haslam II, founder and chairman, Pilot Travel Centers LLC said, “Berkshire Hathaway’s investment in Pilot Flying J is a testament to our exceptional team members and their dedication that has made Pilot Flying J the great company it is today. Berkshire Hathaway’s commitment to keep Pilot Flying J in Knoxville was most important to us. The Knoxville community is an integral part of our company and our family. We are committed to continuing to make a difference in Tennessee, supporting and giving back to our communities here at home.”

The investment by Berkshire Hathaway reflects the success of a series of transformational milestones that have allowed the Company to evolve and strengthen its capabilities and market position over the last several decades. These milestones include the merger of Pilot with Flying J to create today’s company, as well as transactions with Marathon Ashland Petroleum, Williams, Speedway, Mr. Fuel and Speedway-Wilco that have grown the Company’s network.

BDT Company, LLC advised the Company and, as part of the transaction, BDT Capital Partners, LLC exited its minority equity investment in Pilot Flying J.

About Pilot Flying J
Pilot Flying J, the largest operator of travel centers in North America, is committed to connecting people and places with comfort, care and a smile at every stop. Headquartered in Knoxville, Tennessee, Pilot Flying J has more than 750 retail locations in 44 states, more than 100 roadside assistance trucks and growing as part of its Truck Care Program, 44 Goodyear Commercial Tire and Service Centers, and 35 Boss Shops. The Pilot Flying J network provides drivers with access to more than 70,000 parking spaces for trucks, 4,900 showers and more than 5,000 diesel lanes offering Diesel Exhaust Fluid (DEF) at the pump. Pilot Flying J is currently ranked No. 15 on Forbes’ list of America’s Largest Private Companies. Visit www.pilotflyingj.com for more information. Follow @pilotflyingj on Twitter and @pilottravelcenters on Facebook.

About Berkshire Hathaway
Berkshire Hathaway and its subsidiaries engage in diverse business activities including property and casualty insurance and reinsurance, utilities and energy, freight rail transportation, finance, manufacturing, retailing and services. Common stock of the company is listed on the New York Stock Exchange, trading symbols BRK.A and BRK.B.

Source: Pilot Flying J

Related Stories:

Lubrizol Announced a Temporary Surcharge

Lubrizol advised its customers on September 27, 2017 that starting October 6th through December 31, 2017, there will be a surcharge of $10/100Kg, or $0.36/Gallon, or $0.05/lb on all Lubrizol additives excluding liquid and solid Viscosity Improvers shipped from the United States, Brazil, Canada, Korea, Mexico, and Singapore.

According to what blenders have been told, the temporary surcharge is a result of the events surrounding Hurricane Harvey and the impact on the infrastructure of the petrochemical industry. Importantly, these include interruption in the supply of chemical intermediates used in the manufacturing of additives.

Valvoline Unveils Cutting-Edge Innovation with Launch of Easy Pour Packaging

PastedGraphic-4Valvoline Inc. announced the retail launch of its newest innovation, the Easy Pour Bottle.

Valvoline worked alongside consumers to develop the game-changing design. The brand’s patent-pending Easy Pour Bottle will make changing oil easier while offering a simplified shopping solution for the automotive Do-It-Yourself (DIY) audience. “Valvoline’s goal for 151 years has been to use our expertise for the benefit of our customers. Each part of Valvoline’s Easy Pour Bottle has been engineered with our DIY consumers in mind – reimagined, redesigned, tested and proven to make changing oil easier, faster and cleaner,” said Heidi Matheys, Valvoline chief marketing officer. “Our technical team integrated an abundance of consumer field research and feedback, which ultimately resulted in this one unique design.” Highlights of Valvoline’s new Easy Pour Bottle include:

  • Easy Pull Tab™ – Makes opening the bottle clean and simple.
  • Precision Pour Spout™ – Provides accurate pour and clean cut off for a mess-free experience.
  • Anti-Glug Tube™ – Provides a glug-free pour for a faster, cleaner and easier oil change.
  • Resealable Overcap with No-Slip Grip™ – Helps prevent spillage and provides safe storage.
  • Centralized Handle – Makes for a more confident pick up, transport and pour.

EASY POUR PRESS RELEASE IMAGEThe brand is so confident in their newest innovation that they have issued a Satisfaction Guarantee at retailers nationwide, offering a 100-percent money-back promise to encourage DIYers to experience the bottle – and its advantages – for themselves. Valvoline has partnered with seven-time NASCAR Champion Jimmie Johnson to promote a series of entertaining videos showcasing the ease of use and cleanliness of the new packaging. Videos are now available for viewing at EasyPour.com. Additional motorsports athletes will participate in the series later this year.

“Our Easy Pour Bottle is one of the biggest packaging innovations in the history of Valvoline and was developed with integral feedback from DIYers and auto experts alike,” said Michelle Allen, director of marketing for Valvoline. “As we look to the future, we will continue to innovate in every area – from design to products and services – to meet the needs of our customers.”

About Valvoline™
Valvoline Inc. is a leading worldwide producer and distributor of premium branded automotive, commercial and industrial lubricants, and automotive chemicals. Valvoline ranks as the #2 quick-lube chain by number of stores and #3 passenger car motor oil brand in the DIY market by volume in the United States. The brand operates and franchises more than 1,070 Valvoline Instant Oil ChangeSM centers in the United States. It also markets Valvoline lubricants and automotive chemicals; MaxLife™ lubricants created for higher-mileage engines, SynPower™ synthetic motor oil; and Zerex™ antifreeze. Visit valvoline.com to learn more.

Lubrizol Opens New Drumming Facility and Warehouse at Painesville Township Plant

LubrizolThe Lubrizol Corporation announced the opening of a state-of-the art drumming facility and warehouse at its Painesville Township manufacturing facility, both of which are part of the company’s previously announced phased investment at the site. The total $70 million investment better positions the company to meet the changing demands of customers and ensures the integrity and quality of its products while reinforcing personal and environmental safety.

Construction on the 180,000 square feet combined buildings began in April 2015. With a focus on enhancing safety and business processes, the new buildings will be instrumental in reducing risk and achieving the company’s business objectives of improving effectiveness, efficiency and consistency.

“Historically, the Painesville Township site has been of great importance to our business, operating for more than 60 of the company’s nearly 90 years,” said Tom Curtis, incoming president of Lubrizol Additives. “This latest investment reinforces our commitment to the community by further ensuring the site as a key source in Lubrizol Additives’ global supply chain.”

With more than half of all Lubrizol Additives products worldwide containing at least one component manufactured at the Painesville Township site, adding new manufacturing capacity and updated automated packaging capabilities was a necessity. Furthermore, these efforts are important to ensure product integrity and to improve the overall safety and efficiency of handling product drums and totes.

LubrizolImgPlant

From left to right: Joshua Pennock (Painesville Township Trustee), Mike Manary (Painesville Township Administrator), John Hamercheck (Lake County Commissioner), Jerry Cirino (Lake County Commissioner), Dan Troy (Lake County Commissioner), Eric Schnur (Lubrizol), Craig Hupp (Lubrizol), Mark Rantala (Lake County Port Authority), Tom Curtis (Lubrizol), Matt Joyce (Lubrizol) and Mike Vaughn (Lubrizol)

“With our new drum filling facility, we will be able to improve safety by minimizing the manual packaging of drums, reducing packaging time for a single batch by more than 50% and minimizing the number of times a drum is handled by more than 70%,” commented Craig Hupp, Lubrizol Painesville Township plant manager. “And, with 100% indoor storage provided by our new warehouse, we will improve the quality and appearance of packaged products delivered to our customers. All of these improvements will be a tremendous value to our overall organization.”

To commemorate the opening, earlier today Lake County Commissioners presented Lubrizol with a certificate of recognition followed by a formal ribbon cutting ceremony at the facility. In attendance were several of the Lake County Commissioners and Painesville Township Trustees, as well as representatives from Lake County Port Authority. Representatives from Lubrizol included Eric Schnur, chairman, president and chief executive officer; Tom Curtis, incoming president of Lubrizol Additives; Mark Sutherland, Lubrizol corporate vice president of global communications and public affairs; Mike Vaughn, Lubrizol corporate vice president, operations; Matt Joyce, vice president of Lubrizol Additives sales and marketing; and Craig Hupp, Lubrizol Painesville Township plant manager.

About The Lubrizol Corporation
The Lubrizol Corporation, a Berkshire Hathaway company, is a market-driven global company that combines complex, specialty chemicals to optimize the quality, performance and value of customers’ products while reducing their environmental impact. It is a leader at combining market insights with chemistry and application capabilities to deliver valuable solutions to customers in the global transportation, industrial and consumer markets. Lubrizol improves lives by acting as an essential partner in our customers’ success, delivering efficiency, reliability or wellness to their end users. Technologies include lubricant additives for engine oils, driveline and other transportation-related fluids, industrial lubricants, as well as additives for gasoline and diesel fuel. In addition, Lubrizol makes ingredients and additives for home care, personal care and skin care products and specialty materials encompassing polymer and coatings technologies, along with polymer-based pharmaceutical and medical device solutions.

With headquarters in Wickliffe, Ohio, Lubrizol owns and operates manufacturing facilities in 17 countries, as well as sales and technical offices around the world. Founded in 1928, Lubrizol has approximately 8,300 employees worldwide. Revenues for 2016 were $6.5 billion. For more information, visit Lubrizol.com.

Source: Lubrizol

The First PQIA Regional Lubricant Quality Summit was a Success!

With nearly 100 in attendance, the first regional PQIA Lubricant Quality Summit on September 14th, in Wickliffe, Ohio, was deemed a success by attendees, speakers, supporters, and sponsors.

Attendees2The theme of the PQIA Summit was “Taking it to the Streets” and by all indications, it hit its mark by raising awareness about the quality and integrity of lubricants in the market and shining a light on both good and bad motor oils, transmission fluids and other lubricants.

Panel1

From left to right: Douglas Rathbun, Robert DeRubeis, Ronald Hayes, and John Stegierwald

Adding to that, the summit included informative presentation from weights and measures from the states of Missouri, Illinois, and Michigan about their programs to protect consumers from off-spec/mislabeled motor oils, automatic transmission fluids, and antifreeze/coolant. Further, Ron Hayes, Director, Missouri Department of Agriculture, Division of Weights, Measures and Consumer Protection, spoke to what the state of Missouri is doing to address concerns about the proliferation and dangers of obsolete tractor hydraulic fluid (THF) in the market. In addition, the Summit included informative presentations from industry thought leaders about the new CK-4 and FA-4 diesel engine oil specifications, developments in PCMO to address pre-ignition in T/GDI engines, and the growing complexity of ATFs.

Click HERE for more.

Lube-Tech & Partners, LLC Acquires Mighty Auto Parts Distribution Franchises

MightyAutoPartsLube-Tech & Partners announce the acquisition of the Mighty Auto Parts franchises from May Distributing, Inc. of Burnsville, MN and WJS Distributing, LLC of Waukesha, WI. Under the terms of the agreement, Lube-Tech & Partners has an exclusive license to distribute Mighty automotive products throughout most of Iowa, Minnesota, and Wisconsin.

Founded in 1963, Mighty Distributing System of America is a Norcross, Georgia-based franchisor with 107 franchised distributors in 44 states and four international markets. Mighty is a premier supplier of high quality aftermarket products and inventory control services exclusively to automotive professionals. The Mighty partnership provides Lube-Tech with additional products and services to deepen relationships with new car dealers and automotive service centers. Lube-Tech automotive customers will now have access to Mighty’s signature inventory management services and full range of preventive maintenance products including filtration, wipers, lighting products, batteries, brakes, belts, shop supplies and chemicals.

LubeTechPartsPic

Chris Bame, Chairman of the Board for Lube-Tech & Partners (far right) with the May family

“The Mighty partnership expands the offering of products and services we bring to our customers,” says Dave Stascavage, Lube-Tech & Partners President. “Mighty allows us to increase customer value by helping customers become more profitable and proficient as providers of automotive maintenance services. In addition to offering high-quality preventive maintenance products, we will be able to help customers realize cost savings through improved inventory management. Finally, we are fortunate to have the May Distributing and WJS Distributing teams join Lube-Tech.”

“We are extremely excited about joining the Lube-Tech team”, says Jim May of Mighty Distributing of Minnesota. “Since 1978, our family has enjoyed partnering with Twin Cities automotive service providers delivering quality parts and personal service. With Lube-Tech, we will be able to service more customers and work with a larger team.”

Scott Sherman, owner of Mighty of Southeast Wisconsin states, “Combining the strength and reputation of Lube-Tech, with Mighty’s outstanding products and service programs will prove that the real winner in this union is the Wisconsin automotive service community. This is a formidable pairing that will raise the bar throughout the marketplace.”

Lube-Tech remains committed to delivering “peace of mind” to its customers by providing solutions that help them improve performance and their bottom-line through consultative support and one-stop shopping for lubricants, chemicals, energy solutions, recycling, fluid handling equipment and now automotive aftermarket products and inventory control services. To learn more visit www.lubetech.com.

 About Lube-Tech & Partners, LLC
Lube-Tech & Partners was formed in June 2016 by the founding companies including Boyer Petroleum (Des Moines, IA), Lubrication Technologies (St. Paul, MN), and Moore Oil (Milwaukee, WI). The merged organization has built upon the founders’ long history of an employee-centric, customer-focused approach to business. As the Midwest’s go-to resource for advanced lubrication and energy solutions, Lube-Tech’s mission is to help customers accelerate their performance – from their engines and equipment to their bottom line – while continuously improving employees’ lives and investing in the community. Based in St. Paul, MN, Lube-Tech & Partners has operations in Iowa, Minnesota, and Wisconsin and serves commercial, automotive and industrial customers. The company produces and distributes millions of gallons of lubricants and chemicals and employs over 200 people. For more information, visit www.lubetech.com

 About Mighty Distributing
System Mighty Distributing System, a franchisor of sales and services in aftermarket auto parts, is headquartered in Norcross, Georgia and supports 107 distributors in 44 states and four international markets. The Mighty System features attentive local service, inventory management expertise, classroom and on-site training in conjunction with extensive offerings of OE quality underhood and undercar parts, chemical products, lubricants and shop supplies. The Mighty business model attracts independent repair shops, quick lubes, tire centers and new car dealerships across the nation and abroad. Recognized as a “top 25 franchise brand” by The Wall Street Journal, Mighty’s unique approach of dealing directly and exclusively with automotive professionals began in 1963.

RelaDyne Acquires Western Marketing, Inc.

rdwmpicAs reported in JobbersWorld on April 27, 2017, “RelaDyne Enters Agreement to Purchase Western Marketing, Inc.” Well the deal is done!


RelaDyne acquires Texas-based regional lubricants distributor, Western Marketing, Inc., the largest acquisition in the company’s history.

RelaDyne, one of the nation’s leading providers of lubricants, fuel, diesel exhaust fluid (DEF), and industrial reliability services, has officially closed on its acquisition of Western Marketing, Inc., a leading regional distributor of petroleum products based in Abilene, Texas. The transaction is an enormous gain to RelaDyne’s geographical footprint and market share as well as a positive portfolio expansion for the Western Marketing customers.

Founded in 1953, Western Marketing, Inc. (WMI) supplies bulk and packaged lubricants to customers utilizing internal combustion engines primarily for transportation, agriculture, and energy pumping and gathering systems. WMI services West and North Texas markets reaching into Oklahoma, Kansas, Arkansas, New Mexico, Colorado, and Louisiana.

“This partnership with RelaDyne is the right next step for Western Marketing,” said Robert Sullivan, Western Marketing CEO. “As we forged our partnership with RelaDyne, I have learned that both companies share similar leadership values and business philosophies. RelaDyne will offer our two greatest assets (our associates and customers) many great rewards. Our Western Marketing associates will have great career opportunities and benefit programs. Our Western Marketing customers will have industry leading reliability services and expanded product programs to enhance their profitability. Our entire team is excited about the future!”

“The closing of the Western Marketing, Inc. acquisition signifies a substantial growth in our size and capabilities in the South Region for RelaDyne,” stated Larry Stoddard, RelaDyne President and CEO. “I have personally been very impressed by the associates of Western Marketing. We are truly pleased to welcome this great team of industry leaders to the RelaDyne family. We certainly share in the excitement about the future with this addition to our business.”

RelaDyne continues to be the “Acquirer of Choice” in the lubricants, fuel, and reliability segments. “The acquisition of Western Marketing, Inc. is the largest acquisition to date for RelaDyne,” said RelaDyne CSO, Jeff Hart, who leads RelaDyne’s M&A activities. “We are continually looking to acquire leading businesses with great people and great customers – Western Marketing is another perfect example of that. Our M&A team at RelaDyne is focused on adding new geography, new capabilities, and more density within our current footprint as we continue to create a national distribution platform.”

About Western Marketing, Inc.
Western Marketing Inc. is a leading, multi-branded lubricant distributor serving customers across seven states with an emphasis on truck fleets, agricultural, automotive repair shops, car dealerships, gas engine oil users, manufacturing plants and wind turbine sectors. Those interested in more information can contact the Abilene, Amarillo, Dallas-Fort Worth, Longview, Lubbock, Monahans, Texas and Stroud, Oklahoma offices to learn more about the lubrication products, services and equipment offered.

About RelaDyne
RelaDyne, headquartered in Cincinnati, Ohio, is one of the nation’s leading providers of lubricants, fuels, diesel exhaust fluid (DEF), and reliability services for industrial, commercial, and automotive businesses in the United States. RelaDyne was formed in 2010 by the combination of four well-established industry-leading companies and has since grown to more than 60 locations by strategically acquiring other industry leaders in the lubricant, fuel distribution, and industrial service segments. For more information, visit www.RelaDyne.com.

RelaDyne Enters Agreement to Purchase Western Marketing, Inc.

rdwmpicRelaDyne, one of the nation’s leading providers of lubricants, fuel, diesel exhaust fluid (DEF), and industrial reliability services, has signed definitive agreements to acquire Western Marketing, Inc., a leading regional distributor of petroleum products based in Abilene, Texas. The transaction is expected to close in approximately two weeks.

Founded in 1953, Western Marketing, Inc. (WMI) supplies bulk and packaged lubricants to customers utilizing internal combustion engines primarily for transportation, agriculture, and energy pumping and gathering systems. WMI services West and North Texas markets reaching into Oklahoma, Kansas, Arkansas, New Mexico, Colorado, and Louisiana.

“The strategic decision to partner with RelaDyne will greatly benefit our customers and our team,” said Robert Sullivan, Western Marketing CEO. “Through RelaDyne, we will soon be able to offer our customers a wider product offering and new reliability services which will enhance our customers’ profitability. RelaDyne’s culture and growth commitment provide a great work environment, robust benefits, and career advancement opportunities throughout their footprint for our team.”

reladynemap

RelaDyne Locations

“The acquisition of Western Marketing will significantly expand our geographic footprint into West and North Texas markets, creating regional density in our existing branches,” stated Larry Stoddard, RelaDyne President and CEO. “Together, our businesses will share best practices and provide a platform for future organic growth. We look forward to welcoming the WMI team into the RelaDyne family soon and offering their customers additional products and services from the people they already know and trust.”

“The acquisition of Western Marketing, Inc. will be RelaDyne’s largest acquisition to date.

We continue to focus on acquiring great companies with great people and this is another perfect example,” said RelaDyne CSO, Jeff Hart, who leads RelaDyne’s M&A activities. “This deal represents our 30th acquisition since we started the business in 2010, as we continue our strategy to create a national distribution platform.”

About Western Marketing, Inc.
Western Marketing Inc. is a leading, multi-branded lubricant distributor serving customers across seven states with an emphasis on truck fleets, agricultural, automotive repair shops, car dealerships, gas engine oil users, manufacturing plants and wind turbine sectors. Those interested in more information can contact the Abilene, Amarillo, Dallas-Fort Worth, Longview, Lubbock, Monahans, Texas and Stroud, Oklahoma offices to learn more about the lubrication products, services and equipment offered. Visit www.WestMktg.com

About RelaDyne
RelaDyne, headquartered in Cincinnati, Ohio, is one of the nation’s leading providers of lubricants, fuels, diesel exhaust fluid (DEF), and reliability services for industrial, commercial, and automotive businesses in the United States. RelaDyne was formed in 2010 by the combination of four well-established industry-leading companies and has since grown to more than 50 locations by strategically acquiring other industry leaders in the lubricant, fuel distribution and industrial service segments. For more information, visit www.RelaDyne.com

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.

%d bloggers like this: