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Monday, January 11, 2016   VOLUME 12 ISSUE 2  
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Reladyne Acquires Parker Oil

RelaDyne, one of the nation's leading providers of lubricants, fuel, diesel exhaust fluid (DEF), and industrial reliability services, begins its sixth year as an integrated business by acquiring Parker Oil Co., Inc., a family-owned lubricant distributor headquartered in Wichita, Kansas.

For more than 75 years, Parker Oil has serviced automotive and commercial companies with lubricants, chemicals, and automotive products. As part of RelaDyne, Parker Oil will strategically expand RelaDyne's geographic reach into northern Oklahoma, Kansas, and Missouri.

Parker Oil customers will soon have additional avenues of interaction with Parker Oil, including access to RelaDyne Express, RelaDyne's online ordering and account management platform. Customers will be able to place orders and access invoice data anytime, anywhere.

Jim Selenke will continue as General Manager of the RelaDyne-Parker Oil locations. "Parker Oil is very excited to become part of the RelaDyne family," states Selenke. "We look forward to the opportunity to continue to provide our customers with the same level of products and services they have come to expect from us for more than 50 years. With this change, we are excited to be able to offer our loyal customers a more expanded line of products and services, which will be afforded to us as part of the RelaDyne team."

Jeff Hart, Executive Vice President of Business Development for RelaDyne, commented on the acquisition, "This acquisition is the result of our team's continuous execution of our acquisition strategy. RelaDyne continues to be the partner of choice for many companies in the fuel, lubricant, and services business. This transaction is the first of many for 2016 as we continue to create a national platform."

"The Parker acquisition is a great way to start the New Year," states Larry Stoddard, President and CEO of RelaDyne. "We welcome their customers and associates and cannot wait to introduce our products and services to new markets."

Just last month RelaDyne acquired Automotive Service, Inc. / Central Penn Oil (ASI), a family owned and operated fuels and lubricants distributor since 1934, and in November of last year RelaDyne acquired acquired Mid-State Industrial Supply Inc. and J.B. Weimar, Inc.

RelaDyne, headquartered in Cincinnati, Ohio, was formed in 2010 by the combination of four industry leaders - Mid-Town Petroleum, Inc. (Bridgeview, IL), Oil Distributing Company (Cincinnati, OH), The Hurt Company, Inc. (Houston, TX) and Pumpelly Oil Company (Sulphur, LA). RelaDyne's distribution platform spans more than 30 locations serving states in the Central US. In May 2014, RelaDyne's industrial services business expanded with the acquisition of Turbo Filtration Corporation (TFC), enhancing their offering to key industrial customers throughout the US.


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