Rebecca Hayward - 11 June 2015
RelaDyne has announced that it has acquired Palatine Oil Company, a fuels and lubricants distributor based in Chicago, Illinois. RelaDyne is a distributor of packaged and bulk fuels, lubricants and Diesel Exhaust Fluid (DEF) in Central and Southern U.S. The company has invested heavily in the growth of its fuels and lubricants business in 2015, with the latest acquisition marking the fourth this year.
Headquartered in Cincinnati, OH, RelaDyne distributes in nine states in Central and Southern U.S and delivers around 3 million gallons of DEF annually. The new purchase will extend RelaDyne's DEF availability in Illinois.
"It is a pleasure to welcome Palatine customers and associates to the RelaDyne family," said Larry Stoddard, Chief Executive Officer for RelaDyne. "This acquisition will significantly enhance our fuel and lubricants position in the Chicago markets", he added.
Jeff Hart, Executive Vice President of Business Development for RelaDyne, commented on the acquisition, "This deal represents our fourth acquisition in 2015, and we anticipate closing significantly more acquisitions this year as we continue to create a national platform."
Earlier in 2015, RelaDyne acquired San-Antonio-based RediFuel, Fentress Oil Company and Greg Wright Supply thereby expanding RelaDyne's footprint in Texas, Oklahoma and Indiana.
Ben Treadwell - 1 December 2015
Reladyne announced the acquisition of Tennessee-based Mid-State Industrial Supply and J.B. Weimar Inc. in November, the fifth acquisition from the Ohio-based brand in 2015. The move should streamline and increase product availability between the Northern and Southern markets and will solidify the company's strategic position in both of the...
Niels Tholen - 4 June 2013
Mansfield Oil Company and RelaDyne have acquired the Great Lakes division of Maxum Petroleum, it was announced on May 23. The Great Lakes division, which consists of Hartney Fuel Oil Company and Paulson Oil Company, has been split between both firms in which Mansfield has taken over its transport and railroad fuel businesses and RelaDyne...
Christopher Goodfellow - 15 March 2011
Automotive, commercial and industrial fluid distributor RelaDyne has expanded its deal with Mansfield, to include delivery of Air1-branded Diesel Exhaust Fluid (DEF) to customers in "key Texas markets", according to a statement from the company. Larry Stoddard, RelaDyne CEO, said: "With expansion beyond the Illinois, Ohio and Louisiana...
Christopher Goodfellow - 10 December 2010
Lubricant products and equipment distributors Mid-Town Petroleum, Oil Distributing Company, The Hurt Company and Pumpelly Oil Company have joined forces to form RelaDyne, and will be delivering Diesel Exhaust Fluid (DEF) across five states. Pumpelly Oil Company will bring its expertise in the distribution of Diesel Exhaust Fluid (DEF),...