RelaDyne Acquires Circle Lubricants of Bay Shore, New York
September 23, 2019
RelaDyne, one of the nation’s leading providers of lubricants, fuel, diesel exhaust fluid (DEF), and industrial reliability services, has partnered with Circle Lubricants, one of the northeast region’s larger providers of lubricants, DEF and automotive products.
Founded in 1998 in Bay Shore, New York, Circle Lubricants has since offered their products and services to the New York metropolitan tri-state area. This acquisition will expand RelaDyne’s geographic density into the Northeast enabling RelaDyne to offer more lubricant and automotive products throughout New York, New Jersey and its surrounding geographies.
“We have come a long way since our start in 1998 and are excited to further diversify and improve our offerings to our loyal customers as a part of RelaDyne,” says Ronnie and Jay Birnbaum, Founders of Circle Lubricants. “We are proud to offer further growth and opportunities to our Circle Lubricants team and look forward to integration with RelaDyne.”
“The addition of Circle Lubricants is a welcome expansion for our current Northeast operations,” stated Larry Stoddard, President and CEO of RelaDyne. “As part of RelaDyne, the Circle Lubricants customers will be offered unparalleled new products and service capabilities.”
RelaDyne continues to be the “Acquirer of Choice” in the lubricants, fuel, and reliability segments. “RelaDyne is maintaining our acquisition momentum in 2019 with the addition of Circle Lubricants,” said RelaDyne CSO, Jeff Hart. “It has been our intention to further expand throughout the Northeast and Circle Lubricants greatly increases our market penetration,” said David Schumacher, RelaDyne VP of Business Development. “We could not be more thrilled to partner with Ronnie and Jay Birnbaum and the rest of the Circle Lubricants team as we continue to execute our organic and acquisition growth strategy.”
About Circle Lubricants
Circle Lubricants was founded in 1998 in Bay Shore, New York offering a vast portfolio of lubricants and various automotive products. The business has evolved into a sizable team with great service capability enabling distribution throughout the New York metropolitan tri-state area.
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 60 locations by strategically acquiring other industry leaders in the lubricant, fuel distribution, and industrial service segments. For more information, visit www.RelaDyne.com.
JobbersWorld has published a significant number of news pieces about RelaDyne’s acquisitions over the years and for good reason; there have been 30 in the past 5 years. The following provides a list of those and other acquisitions, and a brief about RelaDyne:
RelaDyne was formed in 2010 by the combination of four industry-leading oil distributors and the financial backing of AEA Investors LP. It was then acquired by Audax Private Equity on July 26, 2016. RelaDyne has grown rapidly with the acquisition of 34 companies, including 30 in the last 5 years. The largest among its acquisitions was CIRCOR International – Reliability Services.
In 2018, DuraMAX, the premier aftermarket automotive brand of RelaDyne, celebrated success in the automotive industry by ranking in the 2018 NOLN Fast Lube Operator Survey. DuraMAX ranked in the market for best-selling synthetic and synthetic-blend motor oils. Additionally, DuraMAX ranked for best-selling Oil Filter with eight percent of the market. For best-selling Air and Cabin Air Filters, DuraMAX came in at nine percent of the market.
RelaDyne Acquisitions include:
RelaDyne’s footprint in the US market: