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Monday, June 13, 2016   VOLUME 12 ISSUE 24  
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Midwest Distributors Join to Create Lube-Tech

Three of the Midwest’s largest petroleum distributors, Boyer Petroleum (Des Moines, IA), Moore Oil Company (Milwaukee, WI), and the Distribution arm of Lubrication Technologies Inc. (St. Paul, MN), announced last Wednesday they have entered into a merger to form Lube-Tech & Partners, LLC.

Under this merger, the new company’s 200 combined employees will provide over 20 million gallons of lubricants and chemicals, as well as a broad portfolio of products and services to over 7,000 customers throughout the Upper Midwest. Lube-Tech & Partners, LLC’s primary geographic service coverage will include Minnesota, Wisconsin, Northern Illinois, Iowa and Eastern North Dakota, South Dakota, and Nebraska.

Noteworthy new roles within Lube-Tech & Partners, LLC include David Boyer, President of Boyer Petroleum, who will serve as Director of Sales & Operations for the Iowa Region of Lube-Tech & Partners, LLC, and Andrew Haag, President of Moore Oil Company, who will serve as Vice President of Sales & Marketing.

“Our goal in bringing these companies together is to create a sustainable, multi-generational, family-owned business that will be a leader in providing petroleum solutions for the Upper Midwest and beyond,” said Chris Bame, Chairman of the Board for Lube-Tech & Partners, LLC. “We share a history as strong, family businesses that foster an employee- and customer-centric culture. Our shared mission is to continually help our customers accelerate performance while enhancing our community and the lives of our employees. By joining together, we’re positioning ourselves for accelerated growth and an exciting future.”

“Andrew and I are extremely excited about the future for our employees, customers and community as we merge Moore Oil into Lube-Tech & Partners,” said Scott Haag, Shareholder and member of the Mergers & Acquisitions Team at Lube-Tech & Partners, LLC. “Our industry is rapidly changing which requires our business model to change as well. The great number of talented people on our new team, combined with our size, scale and shared product and service offerings, will allow us to turn the challenges we face into great opportunities.”

“This merger will be positive for our customers, employees and our suppliers,” said David Boyer. “We’re excited to share new technologies, new products, new services and new efficiencies. Bringing three family-owned businesses together into one company enhances our motive to serve our customers and each of our employees. It’s a great opportunity for Boyer Petroleum. My father, Art, and I, are proud to be a part of it.”

Lube-Tech & Partners, LLC will go to market under the Lube-Tech brand and will have central branches in Des Moines, IA, St. Paul, MN and Milwaukee, WI.

Boyer Petroleum, founded by George Boyer in 1936, and owned by Art and David Boyer, serves all of Iowa from their Des Moines headquarters providing lubrication and petroleum products in the automotive, commercial and industrial markets via their 28 employees. According to its website, Boyer Petroleum distributes ExxonMobil, Phillips 66, Petro-Canada and other brands of lubricants

Established in 1925, Lubrication Technologies, Inc. serves transportation, automotive, industrial, and small engine customers in over 70 countries. Based in Golden Valley, Minnesota Lube-Tech has operations throughout the Midwest region, Shreveport, LA, and Langenthal, Switzerland. The company produces and distributes over 25 million gallons of lubricants and employs approximately 400 employees. Its Distribution Division distributes lubricants throughout Minnesota, North Dakota, South Dakota, Iowa, and Western Wisconsin and includes approximately 100 of the overall Lube-Tech employee base. According to its website, Lubrication Technologies distributes Mobil, Chevron, Phillips 66 and other brands of lubricants, as well as blends and markets its own Lube-Tech brand.

Moore Oil Company, based in Milwaukee, WI, has been in business since 1945. Owned by Scott and Andrew Haag, their service territory covers Wisconsin, Upper Michigan and Northern Illinois, through its three locations in Milwaukee, WI, Plover, WI, and Burr Ridge, IL. Moore Oil has been recognized as a “Top 100 Employers” in Milwaukee. According to its website, Moore Oil distributes Mobil, Cam2, Petro-Canada and other brands of lubricants.


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