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Vesco Oil Corporation Acquires Acculube, Leading Distributor of Lubricant and Metalworking Products in Dayton, Ohio
Vesco Oil Corporation, one of the largest distributors of branded automotive and industrial lubricants in the United States and a leading provider of environmental services, including used oil and antifreeze collection, today announced the acquisition of Accurate Lubricants & Metalworking Fluids Inc, aka Acculube.
Vesco Oil, a third-generation family-owned business founded in 1947, services the Michigan, Ohio, Pennsylvania and Indiana markets. For Vesco Oil the acquisition will enlarge its geographic footprint and expand its product and service offerings in Ohio. Founded in 1990 and based in Dayton, Ohio, Acculube is a leading distributor of industrial and metalworking fluids. It is a privately held distributor of Mobil industrial and commercial vehicle lubricants, and a distributor of industrial chemicals and metalworking fluids for Castrol and Houghton. Vesco Oil Corporation President and co-owner Lilly Epstein Stotland made the acquisition announcement. “Acculube has a wonderful history and reputation in the industry, and we have the utmost respect for its leadership and expertise. Vesco Oil has sought strategic growth, and Acculube fits perfectly into our growth plans,” said Epstein Stotland. “Our companies share similar values and a customer-centric mindset. We welcome Acculube to our Vesco Oil family.”
“For 28 years, our leadership team and dedicated employees have built a great company,” said Acculube CEO Marilyn Kinne. “I am so pleased we will now join Vesco Oil, a company I have held in high regard for many years.” Acculube President Chris Fisk will continue as the Dayton division manager for Vesco Oil. “We take great pride in serving our customers. Our relationship with Vesco Oil will only help them to grow and prosper,” said Fisk. In the last eight years, Vesco Oil has expanded its business with existing suppliers including five locations in Cleveland, Columbus, Dayton, and Wauseon, Ohio, and Pittsburgh, Pennsylvania.
Vesco Oil is one of the largest distributors of Mobil branded lubricants. Other key supplier relationships include Valvoline-VPS, Castrol Metalworking, Perkins, Motorcraft, MOC Products, Fortech, and Niteo.
About Vesco Oil Corporation: Vesco Oil Corporation is an ISO 9001 – 14001 certified and environmentally conscientious distributor, providing automotive and industrial customers with a full range of high quality lubricants and supporting services. Founded in 1947 by Eugene Epstein, Vesco Oil Corporation is one of the largest distributors of branded automotive and industrial lubricants in the United States and is a leading collector of used oil and antifreeze. The company also is a full service provider of automotive appearance products, sells a full line of metalworking fluids and is a leading provider of bulk windshield washer solvent and antifreeze. Vesco Oil Corporation is a majority women- owned business, receiving Certification from the Women’s Business Enterprise National Council. For more information, visit www.vescooil.com.