RelaDyne Enters Agreement to Purchase Western Marketing, Inc.
RelaDyne, 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.”
“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.
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.