RelaDyne Acquires Rachel Oil Company of Mansura, Louisiana

Source Press Release
Company RelaDyne LLC 
Tags Corporate Deals, Deals, Refining & Marketing Activities
Date February 11, 2019

RelaDyne, one of the nation’s leading providers of lubricants, fuel, diesel exhaust fluid (DEF), and industrial reliability services, has acquired Rachel Oil Company, a lubricant and fuel distributor based in Mansura, Louisiana. This acquisition builds upon RelaDyne’s strong Southeastern footprint.

Rachel Oil Company is a regional lubricant and fuel distributor in Louisiana. As part of RelaDyne, Rachel Oil plans to grow and expand with access to RelaDyne brands and products as well as career opportunities for its employees. In addition, the introduction of RelaDyne Reliability Services will add significant value for Rachel Oil’s current and prospective customers.

“Joining RelaDyne is a great opportunity for our company and team of employees,” said Glenn Rachel, President of Rachel Oil Company. “The new RelaDyne products and services will enhance our ability to serve our customers more comprehensively.”

“We are eager to bring to Rachel Oil customers the entire RelaDyne portfolio of products and Reliability Services,” stated Larry Stoddard, RelaDyne President and CEO. “We are also glad to welcome all of the Rachel Oil associates to the RelaDyne team.”

RelaDyne continues to be the “Acquirer of Choice” in the lubricants, fuel, and reliability segments. “The acquisition of Rachel Oil Company is the third of 2019,” said RelaDyne CSO, Jeff Hart. “We are looking forward to a very busy and robust 2019 as we continue to create a national distribution platform.”

Source: EvaluateEnergy® ©2019 EvaluateEnergy Ltd