PetroChoice Completes the Acquisition of Suburban Oil Company
PetroChoice, a leading provider of lubrication solutions, announced today that it has acquired Suburban Oil Company (“Suburban”), located in Mason, Ohio. PetroChoice is focused on acquiring best-in-class lubricant distributors to expand both its product and service offering to customers and its geographic footprint. “Suburban is a great fit with PetroChoice and we are impressed by Suburban’s highly trained team. Like us, they pride themselves on delivering comprehensive lubrication solutions to their customers,” said Shane O’Kelly, CEO of PetroChoice. “This acquisition creates a significant opportunity for us to expand our distribution presence into Ohio, Indiana, and Kentucky.”
Suburban serves a diverse set of commercial and industrial customers across a broad range of industries. “We view PetroChoice as a market leader and are excited to join the PetroChoice team. Their core values and culture align well with Suburban’s and our capabilities and industry expertise are very complementary” said Larry Hayes, CEO of Suburban Oil. “Leveraging the combined resources of Suburban and PetroChoice will enable us to to continue to expand our service area and enhance the range of products, services and solutions we can offer to our customers,” added Jeff Pyles, President of Suburban Oil. Other than Mr. Hayes, who is retiring, the entire staff of Suburban including the sales and operations team will be staying with the company.
PetroChoice is a leading value-added provider of petroleum based lubrication products and services in the Mid Atlantic and MidWest regions. The Company provides its customers with Lubrication Solutions to meet their Safety, Savings, and Sustainability goals. The Company distributes an extensive product offering of lubricants, coolants, metalworking fluids, equipment, auto-lube and filtration systems, and contamination control devices backed by unmatched technical expertise and services.