RelaDyne recently announced it has acquired Conservancy Oil Group, a distributor of lubricants, diesel exhaust fluid and related products based in New Mexico. The acquisition extends RelaDyne's geographical footprint into the Southwest region of the United States.
Founded in 1936, Conservancy Oil serves the automotive, commercial and industrial markets with four locations spanning New Mexico and Colorado.
"Our partnership with RelaDyne marks a new and exciting era for Conservancy Oil," said John Mayer, CEO of Conservancy Oil Group. "We feel fortunate to be part of a company that is changing the landscape of lubricant distribution. Our combined strengths in the New Mexico and Colorado markets will allow us to accelerate our growth plans while providing more opportunities for our wonderful team and loyal customers."
The acquisition of Conservancy Oil is expected to be the first of many in 2018 for RelaDyne, according to the company's chief strategy officer, Jeff Hart.
"We are continually looking to acquire leading businesses with great people and great customers," Hart said. "RelaDyne has made significant investments in acquiring great companies and in our ability to integrate and grow these companies once they join RelaDyne. This dedication to integration and growth at RelaDyne has allowed us to accelerate our acquisition pace as we continue to create a national distribution platform."
Headquartered in Cincinnati, Ohio, RelaDyne is one of the nation's leading providers of lubricants, fuels, diesel exhaust fluid and reliability services for industrial, commercial and automotive businesses. For more information, visit www.RelaDyne.com.