RelaDyne Enters Florida through the Acquisition of Three Major Lubricant Distributors

ReladyneAcquisitionRelaDyne further expands its Southeast geography with acquisitions of three leading Florida distributors – Jack Becker Distributors, Inc., Flamingo Oil, and Seaboard Neumann. These are the first acquisitions in Florida for RelaDyne.

RelaDyne, one of the nation’s leading providers of lubricants, fuel, diesel exhaust fluid (DEF), and industrial reliability services, has closed on the acquisitions of Jack Becker Distributors, Inc., Seaboard Neumann, and Flamingo Oil, three of Florida’s top distributors offering lubricants, fleet services, equipment, and diesel exhaust fluids. This transaction is a strategic move to expand RelaDyne’s geographical footprint and resources into the growing state of Florida.

about-jack-beckerFounded in 1956, Jack Becker Distributors, Inc. entered the market and has expanded to offer a wide range of branded lubricants to Florida and Southern Georgia. Flamingo Oil started serving the automotive market of Miami, Florida, in 1930, and has since grown to offer a full line of bulk and packaged engine oils as well as a full range of shop equipment solutions and services across the state of Florida. Seaboard Neumann was established in 1997 in Central Florida and has made a few of its own acquisitions, extending its footprint from Central Florida to Tampa.

About-seaboard“This partnership with RelaDyne is a natural next step for Jack Becker and Seaboard,” said David Rowland, President of Seaboard Neumann and Jack Becker Distributors. “Our employees are eager for the new capabilities and services that RelaDyne brings along with the opportunity for advancement that wasn’t there before. As Jack Becker used to say, ‘the only constant is change’ – so this change means enhanced offerings for our customers and more opportunities for our valued associates. That’s a win-win!”

“Our family and employees are excited about the future as we work with RelaDyne to further grow our business and service to our customers,” said Dale Moseley, Jr., Vice President of Flamingo Oil. “Customers have already started welcoming the enhanced branding, technology, and services that RelaDyne immediately brings to the market.”

“We are very excited to welcome the associates and customers from Jack Becker, Seaboard, and Flamingo to the RelaDyne team,” stated Larry Stoddard, RelaDyne President and CEO. “We will bring the full capabilities of RelaDyne to expand not only the opportunities for our new associates, but a greater breadth of products and services to our new customers. We are also very excited to be entering into the Florida market.”

flamingo-oilRelaDyne continues to be the “Acquirer of Choice” in the lubricants, fuel, and reliability segments. “The acquisition of Jack Becker, Flamingo Oil, and Seaboard Neumann signifies the capabilities of RelaDyne with the complexities involved in the simultaneous closing of three acquisitions,” 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. 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 Jack Becker Distributors, Inc.
Jack Becker Distributors, Inc. is a leading, multi-branded lubricant distributor serving customers across Florida and Southern Georgia with an emphasis on diesel exhaust fluid, automotive products, and finished lubricants. Those interested in more information can contact the Jacksonville office to learn more about the lubrication products, services and equipment offered.

About Flamingo Oil
Flamingo Oil began serving the automotive market in 1930 and has since grown to offer a full line of bulk and packaged engine oils, as well as a full range of shop equipment solutions and services. Those interested in more information can contact the Miami office to learn more about the lubrication products, services and equipment offered.

About Seaboard Neumann
Seaboard Neumann was founded to serve the Ford Motor Company as a Motorcraft distributor. Since its beginning, Seaboard Neumann has grown across the state of Florida with a comprehensive product portfolio that includes diesel exhaust fluid, automotive chemicals, and finished lubricants. Those interested in more information can contact the Lakeland office 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 Acquires A&W Oil & Tire Company of Augusta, Georgia

A&WlogoRelaDynelogoRelaDyne, one of the nation’s leading providers of lubricants, fuel, diesel exhaust fluid (DEF), and industrial reliability services, has acquired A&W Oil & Tire Company, Inc. (A&W Oil), a fuel and lubricant distributor. This acquisition extends RelaDyne’s geographical footprint in the southeast region of the United States.

A&W Oil, headquartered in Augusta, Georgia, with a second facility in Waynesboro, serves eastern Georgia and western South Carolina with quality fuels and lubricants. As part of RelaDyne, A&W Oil will handle this geography with expanded products and capabilities. The introduction of RelaDyne Reliability Services to A&W’s marketplace and OEMs will add substantial value to the current and prospective A&W Oil customer base.

“We are thrilled to be joining the RelaDyne team,” said John Sylvester, Jr., President of A&W Oil Company. “Our partnership with RelaDyne will be a great expansion of resources, products and services for our loyal customers. All of our employees are now part of the RelaDyne family of companies, providing the same exceptional service to our great customers.”

“We are very excited to welcome both the associates and customers of A&W Oil to the RelaDyne family,” stated Larry Stoddard, RelaDyne President and CEO. “Our acquisition strategy has remained consistent – expand RelaDyne geographically through high quality companies with great people and integrate our robust products and services to create long term value to our associates, customers, and investors. The acquisition of A&W Oil continues this strategy.”

RelaDyne continues to be the “Acquirer of Choice” in the lubricants, fuel, and reliability segments. “The acquisition of A&W Oil Company is the third acquisition for RelaDyne in 2018 and our first in Georgia,” said RelaDyne CSO, Jeff Hart. “RelaDyne continues to make significant investments to acquire, integrate and grow these companies once they join RelaDyne. Our acquisition pace continues to increase as we create a national distribution platform.”

About A & W Oil Company
A&W Oil Company is a fuel and lubricant distributor as well as a common carrier serving customers across Georgia and South Carolina. Those interested in more information can contact the Augusta, Georgia, office 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.

Other RelaDyne Acquisitions in 2018:

RelaDyne Acquires T.A. Roberts Oil Company of Columbia, Louisiana

RelaDyne Acquires Conservancy Oil Group of New Mexico and Colorado

Round 2 Lubricant Price Increase Summary

Company Announced Date Effective Date Increase
Sinclair Lubricants 2/12/2018 3/1/2018 up to 5%
CAM2 3/1/2018 3/24/2018 4 to 10%
Smitty’s Supply 3/1/2018 3/24/2018 4 to 10%
Pinnacle Oil 3/2/2018 3/19/2018 5 to 10%
Allegheny Petroleum 3/5/2018 3/24/2018 4 to 8%
Advanced Lubrication Specialities (ALS) 3/29/2018 6 to 9%
Sunoco 3/29/2018 6 to 9%
Chemlube 3/7/2018 3/26/2018 5 to 8%
Reliance Fluid Technologies (RFT) 3/7/2018 4/9/2018 4 to 9%
Sunbelt Lubricants 3/8/2018 3/21/2018 6 to 8%
PennStar 3/9/2018 3/19/2018 6 to 10%
Martin Lubricants 3/12/2018 4/16/2018 4 to 10%
Warren Distribution 3/12/2018 4/9/2018 5 to 8%
Maverick Performance Products 3/7/2018 3/26/2018 5 to 8%
Royal Mfg 3/13/2018 4/2/2018 3 to 8%
Omni Specialty Packaging 4/23/2018 5 to 8%
ExxonMobil 3/22/2018 4/23/2018 up to 10%
Warren Oil 3/23/2018 4/23/2018 3 to 8%
Chevron 3/28/2018 5/7/2018 up to 10%
Nu-Tier 3/28/2018 4/16/2018 6 to 8%
Total 3/29/2018 4/30/2018 3 to 5%
Shell 4/4/2018 5/7/2018 up to 10%
Phillips 66 4/5/2018 5/14/2018 up to 10%
 Safety-Kleen  4/5/2018  5/7/2018 up to 10%
Castrol (excluding industrial) 4/12/2018 5/14/2018 up to 10%

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 CLICK FOR COMPLETE LIST OF LUBRICANT PRICE INCREASES IN 2018 ROUND 1 

Click on the Timeline Below to See All Effective Increase Dates in 2018

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RelaDyne Recognized As Chevron’s Top Distributor, UPS adds Electric

RelaDyne Recognized As Chevron’s Top Distributor

Every year, Chevron continues its tradition of its Medalist Program. The Medalist Program awards U.S. and Canadian 1st Source Marketers for Chevron lubricants product purchases and growth over a 12-month period. This year’s program calculated both purchased volume and percentage growth between July 1, 2016 – June 30, 2017.

RelaDyneChevron

As direct acknowledgement of RelaDyne’s exponential growth and strong partnership with Chevron, RelaDyne has been awarded the two highest awards of the Chevron Medalist Program.

The Eagle Award, a very prestigious award only awarded to the top overall performing marketer, was awarded to RelaDyne, recognizing the company as the top Chevron Lubricants Marketer across U.S. and Canada. The Eagle Award exhibits the importance of both RelaDyne and Chevron’s business to one another. The growth that has qualified RelaDyne to receive this award is a direct result of RelaDyne’s motivated, top tier sales team and the support and strategic alignment with Chevron.

The Gold Award is presented to the marketer with the highest number of points in each of the Chevron business areas. RelaDyne was awarded the Gold Award as one of the marketers with the highest number of points regardless of business area, demonstrating RelaDyne’s continuous efforts to prioritize and align its sales goals with all of Chevron’s product lines and remaining impartial to any one product category.

UPS Pre-Orders 125 Tesla Electric Trucks

Photo source: Jordan Adkins /shutterstock.com

UPS announced today that it has preordered 125 Tesla electric trucks. This announcement comes on the heels of an announcement earlier this month that PepsiCo will order 100 electric semi trucks. Others who have also recently announced commitments to add Tesla electrics to their truck fleets include, Wal-Mart, J.B. Hunt, and Sysco Corp.

UPS which operates one of the largest commercial trucking fleets in the world, today announced it has placed a reservation for 125 of Tesla’s new fully-electric Semi tractors. The new tractors will join UPS’s extensive alternative fuel and advanced technology vehicle fleet, comprised of trucks and tractors propelled by electricity, natural gas, propane and other non-traditional fuels.

Photo source: Brian S /shutterstock.com

“For more than a century, UPS has led the industry in testing and implementing new technologies for more efficient fleet operations. We look forward to expanding further our commitment to fleet excellence with Tesla,” said Juan Perez, chief information and engineering officer. “These groundbreaking electric tractors are poised to usher in a new era in improved safety, reduced environmental impact, and reduced cost of ownership.”

UPS has provided Tesla real-world UPS trucking lane information as part of the company’s evaluation of the vehicle’s expected performance for the UPS duty cycle. UPS frequently partners with suppliers of emerging vehicle technologies to help them develop solutions that prove ready for stringent UPS use-cases.

Tesla’s Semi tractor claims up to 500 miles range on a single charge, an unparalleled cabin experience for drivers, enhanced on-road safety and significantly reduced long-term cost of ownership. Safety features include: automatic emergency braking, adaptive cruise control, automated lane guidance, and brake-by-wire and steer-by-wire with redundancy. Tesla’s driver-assistance features have been found by the U.S. government to reduce crash rates by 40%. Tesla expects to begin production of the vehicles in 2019 and UPS will be among the first companies to put the vehicles into use.

UPS’s preorder of Tesla vehicles complements and advances the company’s overall commitment to reduce its absolute greenhouse gas (GHG) emissions from global ground operations 12 percent by 2025, a goal developed using a methodology approved by the Science Based Targets initiative.

UPS has established a goal for 25 percent of the electricity it consumes to come from renewable energy sources by 2025. In addition, by 2020 UPS plans that one in four new vehicles purchased annually will be an alternative fuel or advanced technology vehicle, up from 16 percent in 2016.

The company also set a new goal that by 2025, 40 percent of all ground fuel will be from sources other than conventional gasoline and diesel, an increase from 19.6 percent in 2016.

The company operates one of the largest private alternative fuel and advanced technology fleets in the U.S., and more than 8,500 vehicles throughout the world. This includes all-electric, hybrid electric, hydraulic hybrid, ethanol, compressed natural gas (CNG), liquefied natural gas (LNG), propane, and renewable natural gas (RNG)/biomethane.
Source: UPS

PEPCO IS NOW A SHELL LUBRICANTS MASTER CERTIFIED DISTRIBUTOR

PEPCO announced that as of December 1, 2017, it will be providing Shell Lubricants products at their locations.

After much deliberation and careful consideration, Pepco has agreed with Shell Canada Products (Shell Lubricants) to make Shell®, Pennzoil® and Quaker State® lubricant products available in all Pepco locations from Northern Ontario to Southern Nova Scotia.

“We’re very excited about this addition to Pepco’s product line as it will only enhance Pepco’s strategic growth to ensure our sustainability for our valued customers and teammates,” said Charles Higgins, VP Sales & Marketing. “Becoming a Master Certified Distributor allows the entire Pepco family to have access to all Shell products from Hearst, Ontario to Cape Breton, Nova Scotia.”

For more information, visit www.pepco.ca.

BASF Increases Prices

BASF increased the prices of its base stocks, lubricant oil additives, and finished lubricants by 5 to 9% globally as of December 1, 2017.

Round 3: Price Increase Summary

The following is a summary of the price increases JobbersWorld reported on for the third round of price increase is 2017

Lubricant Manufacturers Round 3

Company Announced
Date
Effective
Date
Increase
Kleen Performance Products 9/6/2017 9/6/2017 60 to 80 cpg
ExxonMobil 10/20/2017 11/20/2017 up to 6%
Chevron 10/24/2017 12/4/2017 up to 6%
Warren Oil 10/25/2017 11/17/2017 4% to 9%
Chemlube 10/26/2017 11/20/2017 20 to 25 cpg
Advanced Lubrication Specialties (ALS) 10/26/2017 11/13/2017 6 to 10%
CAM2 10/26/2017 11/15/2017 4 to 9%
Smitty’s Supply 10/26/2017 11/15/2017 20 cpg Bulk
25cpg Packaged Lubricants
3cpp Packaged Greases
Phillips 66 10/27/2017 12/1/2017 6%
Nu-Tier Brands 10/27/2017 11/17/2017 up to 6%
Sinclair Lubricants 10/27/2017 12/11/2017 up to 6%
Old World Industries 10/30/2017 11/13/2017 up to 8%
Warren Distribution 10/31/2017 11/27/2017 6 to 9%
Allegheny Petroleum   10/31/2017  11/8/2017 30 cpg
Petro-Canada 10/31/2017 12/1/2017 up to 6%
Valvoline 11/1/2017 12/1/2017 up to 5%
D-A Lubricant 11/1/2017  12/1/2017 up to 6%
CITGO 11/2/2017 12/4/2017 4 to 8%
SOPUS/Shell  11/6/2017 12/11/2017 up to 6%
BP Lubricants/Castrol (including industrial)  11/7/2017  12/11/2017 up to 6%
Total 11/9/2017 12/11/2017 up to 6%
Amalie 11/17/2017 12/16/2017 32 cpg Oil and Automotive Chemicals, 4 cpp greases
DuBois Chemicals 11/30/2017 1/1/2018 3 to 7% Industrial products and services
Reliance Fluid Technologies (RFT)  12/1/2017 12/1/2017 approx. 6%
Pinnacle Oil 11/15/2017 5 to 7%

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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

RelaDyne Acquires Hager Oil Company of Alabama

rdh2017RelaDyne announced the acquisition of Hager Oil Company, located in Jasper, Alabama. This acquisition will solidify RelaDyne’s footprint in Alabama, creating a regional density that will largely expand its robust offering of products and services in the area.

Hager Oil Company has been serving Northern Alabama from Jasper, Alabama, since 1954. The company has prided itself on offering a wide portfolio of products including lubricants, greases, hydraulics, antifreeze, fuels, alternative fuels, and chemicals.

As one of the nation’s leading providers of lubricants, fuel, diesel exhaust fluid (DEF), and industrial reliability services, RelaDyne is equipped to maintain and expand the current customer base of Hager Oil Company while upholding the local culture and the industry expertise that Hager is historically known to provide.

larrysd

Larry Stoddard, CEO RelaDyne

“The Hager Oil Company acquisition is a great addition to our recent geographical expansion to Alabama,” says RelaDyne CEO, Larry Stoddard. “RelaDyne is proud to continue to bring our suite of products and services to more and more customers in the Southern region. We welcome the addition of all of the Hager Oil Company associates to RelaDyne. The result of this acquisition will diversify and expand our product and service offerings to the Hager Oil customer base.

“We align ourselves with the values and quality of service that RelaDyne provides and we are looking forward to adding our great operation to the RelaDyne footprint,” states James Eidson, President of Hager Oil Company. “The entire Hager Oil team is excited for the opportunity to join RelaDyne, and we look forward to continuing to serve our great customers.”

RelaDyne continues to be the “Acquirer of Choice” in the lubricants, fuel and reliability segments. “We continue to focus on acquiring great companies with great people. Distributors with great people are the best businesses in our industry, and that is why we are so excited to welcome Hager Oil Company to the RelaDyne family,” says RelaDyne CSO, Jeff Hart, who leads RelaDyne’s M&A activities. “We started RelaDyne in 2010 with 10 locations in 5 states and have grown to over 50 locations in 18 states. We focus on adding new geography, new capabilities, and more density within our current footprint as we continue to create a national distribution platform.”

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.

RelaDyne Acquires Sensmeier Oil Company of Ohio

RelaDyne71816RelaDyne announce today the recent acquisition of Sensmeier Oil Company, located in Mansfield, Ohio. This acquisition will expand RelaDyne’s current Ohio operations to better serve the Northeastern Ohio area and current businesses in the Toledo and Cleveland markets.

Sensmeier Oil Company has been serving the Mansfield, Ohio, area since 1968. The company has prided itself on personable customer service at all times and strives to go the extra mile for all customers, to meet and exceed their needs.

sensmeierAs one of the nation’s leading providers of lubricants, fuel, diesel exhaust fluid (DEF), and industrial reliability services, RelaDyne is equipped to maintain and expand the current customer base of Sensmeier Oil Company while upholding the extraordinary quality of customer and technical service true to their legacy.

“This acquisition stands to be a great addition to our existing Cincinnati branch,” says RelaDyne CEO, Larry Stoddard. “As we continue to expand our geographical footprint, we strive to continue to provide optimal service to our current and new customers. By acquiring another strong and prosperous business in our industry, we will be able to greatly expand both our products and services to our Northeastern Ohio customers.”

“RelaDyne is a great fit for our customers, our employees, our vendors, and our community,” states Tina Partin, a member of the Sensmeier Family. “With RelaDyne as our new owner, we will have the resources needed to grow our business and current service offering in Northern Ohio. It is clear that the legacy and values of the Sensmeier Family align with those of RelaDyne. Our team is extremely excited about the partnership and the opportunities ahead.”

“Sensmeier Oil Company is the first acquisition of 2017 that RelaDyne has added to its platform,” says Jeff Hart, RelaDyne CSO. “We are continually looking to acquire leading businesses with great people and great customers; Sensmeier is another 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 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

RelaDyne Acquires the Lubricants & Commercial Fuel Divisions of Slidell Oil Company

RelaDyne71816RelaDyne is proud to announce the recent acquisition of the lubricants and commercial fuel divisions of Slidell Oil Company, a distributor of lubricants, fuel and diesel exhaust fluid in Alabama. With the Slidell Oil locations in Montgomery and Demopolis, this acquisition significantly expands RelaDyne’s geographic density and capabilities within Alabama.

slidellimgSlidell Oil began as a Shell Oil Company jobber in Louisiana in 1948 and has since grown to span Mississippi, Alabama, Florida and Georgia marketing retail fuel programs for Shell, Chevron, Texaco, Valero, and Liberty brands. Now, this top-tier division of Slidell Oil Company is joining the RelaDyne family.

As one of the nation’s leading providers of lubricants, fuel, diesel exhaust fluid (DEF), and industrial reliability services, RelaDyne will be better able to fulfill the needs of its existing Alabama customers as well as provide new products and services to an expanded three-state area with Slidell Oil’s market reach.

“First and foremost, we welcome all the Slidell Oil customers and associates to the RelaDyne family,” says Larry Stoddard, RelaDyne President and CEO. “We feel the Alabama market continues to present abundant growth opportunities for RelaDyne’s wide breadth of products and services as well as expanding opportunities for current and now new RelaDyne associates. We are committed to the Alabama market and community through this, our third acquisition in Alabama.”

“RelaDyne is such a great fit for our people and our customers,” states Brian Baker, owner and co-CEO of Slidell Oil Company. “We intentionally partnered with RelaDyne because of their reputation, and we knew they would take great care of our associates and our customers. RelaDyne will provide our associates with expanded opportunities and our customers with new products and services we could not previously provide with our resources.” Brian and Keith Baker are third-generation family owners and are honored to have the lubricants and commercial fuel portion of their family legacy join the rest of the family-owned companies within RelaDyne. This acquisition will have no impact on Slidell Oil’s retail and wholesale fuel operations.

RelaDyne continues to be the “Acquirer of Choice” in the lubricants, fuel and reliability segments. “The purchase of the Lubricants and Commercial Fuel Divisions of Slidell Oil Company represents our seventh acquisition of 2016,” says Jeff Hart who leads RelaDyne’s M&A activities and is the company’s CSO. “We are continually looking to acquire leading businesses with great people and great customers; Slidell Oil is yet another great 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.”

RelaDyne Acquires Cardwell Distributing of Utah

RelaDyne71816October 4, 2016, Cincinnati, Ohio – RelaDyne announces it has acquired Cardwell Distributing (“Cardwell”) of Utah.

Cardwell is a distributor of lubricants, fuels and diesel exhaust fluid (DEF) proudly serving the western United States since 1964. With locations spanning Colorado, Idaho, Nevada, Utah, and Wyoming, Cardwell provides products and services to over 3,000 customers in the region.

cardwellreladyneThe acquisition of Cardwell represents RelaDyne’s first expansion west of the Rocky Mountains, and RelaDyne leadership is fully committed to supporting the Cardwell management team with industry expertise and resources to continue Cardwell’s expansion into greater geographies and markets. “Cardwell is a significant geographic expansion into the Western US for RelaDyne,” states Larry Stoddard, RelaDyne’s President and CEO. “Cardwell has a long history, a great team and a strong culture, which are all positive attributes as we expand our geography. We welcome the entire Cardwell team to the RelaDyne family of companies and are truly excited to partner with this talented group to significantly grow the business both organically and through acquisitions.”

Bill Rawson, Cardwell Distributing CEO, will continue his leadership over RelaDyne’s Cardwell locations and ensure a smooth transition for both employees and customers. “RelaDyne is a great fit for our customers, our employees, our vendors, our community and our desire to grow our business into the future,” states Rawson. “With RelaDyne as our new partner, we will have the resources needed to allow our great team of employees to continue to grow our business, our service offering and our geographic footprint. It is clear that the history and heritage of Cardwell, our values and the culture we have built over generations perfectly aligns with those of RelaDyne. Our team is extremely excited about the partnership and the opportunities that lie ahead.”

“RelaDyne continues to be the Acquirer of Choice as we build a national distribution platform for lubricants, fuel, DEF and reliability services,” says Jeff Hart, RelaDyne’s CSO leading the companies M&A activities. “We always strive to acquire leading businesses with great people and great customers, and Cardwell is an excellent example of a perfect fit. This acquisition provides a strong framework for us to expand our platform of products and services to an entirely new customer base plus opens a gateway for further acquisition opportunities to enhance our density in the region.”

Cardwell represents RelaDyne’s sixth acquisition of 2016 and the first in partnership with Audax Private Equity.

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 40 locations by strategically acquiring other industry leaders in the lubricant and fuel distribution and industrial service segments. For more information, visit www.RelaDyne.com.

RelaDyne Announces Purchase Agreement with Audax Private Equity

RelaDyne71816RelaDyne announced it has entered into a purchase agreement with Audax Private Equity (“Audax”), a private equity company focused on building leading middle market companies. The transaction is scheduled to close on or before July 31, 2016.

Based in Boston, Massachusetts, Audax partners with management teams to transform established market leading companies into appreciably larger, better-positioned, and more valuable enterprises. RelaDyne, with this new partnership, will be focused on accelerating its acquisitions both in number of deals and size of companies.

“RelaDyne and its team of 750+ associates are excited to be partnering with Audax,” states Larry Stoddard, President and CEO of RelaDyne. “They bring great expertise and funding focused on distribution and will help us meet the long-term goals as we continue to build this great company.”

Since its formation in 2010, RelaDyne has completed over 20 acquisitions, has grown to over 40 locations servicing customers in 45 states and 22 nations.  “We are proud of the business we have built over the last 6 years, however we are just getting started…,” says Jeff Hart, who leads RelaDyne’s M&A activities and is one of its founders. “With this new partnership with Audax, we’ll be able to significantly increase our M&A activities as we have an aggressive partner that aligns with our mission to become a national platform for the distribution of lubricants, fuel and reliability services.”

About Audax Private Equity
Since its founding in 1999, Audax Private Equity has been focused on building leading middle market companies. Audax has invested over $3.5 billion in 97 platform and 493 add-on companies. Through its disciplined Buy & Build approach, Audax seeks to help platform companies execute add-on acquisitions that fuel revenue growth, optimize operations, and significantly increase equity value. Audax Private Equity is an integral part of Audax Group, an alternative asset management firm specializing in investments in middle market companies. With offices in Boston, New York, and Menlo Park, Audax Group has over $10 billion in assets under management across its Private Equity, Mezzanine, and Senior Debt businesses. For more information, visit the Audax Group website www.audaxgroup.com.

About RelaDyne
RelaDyne, headquartered in Cincinnati, Ohio, is an industry leading lubricant, fuel, and DEF distributor providing customers with integrated reliability management services for industrial and commercial businesses in the United States. RelaDyne was formed in 2010 by the combination of four industry leaders – Mid-Town Petroleum, Inc. (Bridgeview, IL), Oil Distributing Company (Cincinnati, OH), The Hurt Company, Inc. (Houston, TX) and Pumpelly Oil Company (Sulphur, LA). RelaDyne’s distribution platform spans more than 30 locations serving states in the Central US. In May 2014, RelaDyne’s industrial services business expanded with the acquisition of Turbo Filtration Corporation (TFC), enhancing their offering to key industrial customers throughout the US. The company also benefits from the support of its business-building financial partner, AEA Investors LP, which manages funds worth approximately $6 billion of invested and committed capital. For more information, visit www.RelaDyne.com.

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