Lubricant distributor RelaDyne closed on the acquisitions of Mansura, Louisiana-based Rachel Oil Co. and Columbus, Mississippi-based Dutch Lubricants, further extending the Cincinnati, Ohio-based company’s reach into the Gulf Coast and Southeast regions of the United States. Financial terms of the agreements were not disclosed.
Dutch Lubricants has distribution centers throughout Mississippi – in Jackson, Tupelo and Columbus – and one in Birmingham, Alabama. Rachel Oil Co. has one center at its headquarters.
The acquisition of Rachel Oil Co. is the third of 2019, said RelaDyne’s Chief Security Officer, Jeff Hart. We are looking forward to a very busy and robust 2019 as we continue to create a national distribution platform.
Its first acquisition – which closed Jan. 28 – was of Circor International’s Reliability Services division, which provides lubrication management, chemical flushing services and oil misting equipment to clients in the oil and gas, refining, petrochemical, power generation, industrial, military and maritime markets.
Dutch lubricants, which specializes in distributing industrial and commercial lubricants, services customers in Alabama, Mississippi, Tennessee, Arkansas and Louisiana. Rachel Oil Co. is a regional distributor of lubricants and fuel, and works with companies in the agricultural, construction, industrial and marine customers across Louisiana.