PetroChoice last Monday announced the acquisition of Miller Industrial Fluids, LLC, an Indianapolis-based distributor and blender of metalworking products, specialty lubricants, and rust preventatives. Through this acquisition, PetroChoice will gain immediate presence in the Indianapolis market, providing a critical bridge between its current Ohio and Illinois locations. With the acquisition of Miller, PetroChoice now has 51 locations servicing 32 states.
Founded in 2004, Miller serves a broad customer base primarily across the aerospace and automotive manufacturing segments and has earned a reputation for delivering high quality products and exceptional service. Ross Smith, President and CEO of Miller, will serve as PetroChoice's General Manager for the Indianapolis market.
"The addition of Miller enhances our ability to service the metalworking market in the Indianapolis area and strengthens our geographic footprint in the Midwest. We are excited to welcome Ross Smith and Miller's outstanding employees to the PetroChoice team," said Shane O'Kelly, CEO of PetroChoice. "This transaction marks PetroChoice's fourth acquisition over the last twelve months and we will continue to evaluate ways in which we can expand our network through organic and inorganic growth opportunities, including strategic acquisitions."
Smith said, "We are pleased to join forces with PetroChoice, the premier U.S. distributor of lubricants and services. We are a natural fit, with similar customer-centric cultures and values, rooted in a shared focus on delivering the highest-quality products and solutions to our customers."
PetroChoice is a leading value-added provider of petroleum based lubrication products and services, providing its customers with complete Lubrication Solutions. PetroChoice distributes an extensive product offering of lubricants, coolants, metalworking fluids, equipment, auto-lube and filtration systems, and contamination control devices. This is the 17th acquisition that PetroChoice has made since 2008. PetroChoice is a portfolio company of Golden Gate Capital.
Miller Industrial Fluids, LLC is a custom blender and distributor of high quality lubricants, cutting fluids, rust preventatives, cleaners, coolants and drawing compounds. Miller provides reclamation and disposal services to provide a full product life cycle service.