RelaDyne Acquires Western Marketing
RelaDyne recently signed a definitive agreement to acquire Western Marketing, Inc., (WMI) a regional distributor of petroleum products based in Abilene, Texas. WMI services the West and North Texas markets reaching into Oklahoma, Kansas, Arkansas, New Mexico, Colorado and Louisiana.
“The strategic decision to partner with RelaDyne will greatly benefit our customers and our team,” said Robert Sullivan, WMI CEO. “Through RelaDyne, we will soon be able to offer our customers a wider product offering and new reliability services which will enhance our customers’ profitability. RelaDyne’s culture and growth commitment provide a great work environment, robust benefits and career advancement opportunities throughout their footprint for our team.”
“The acquisition of Western Marketing will significantly expand our geographic footprint into the West and North Texas markets, creating regional density in our existing branches,” said Larry Stoddard, RelaDyne president and CEO. “Together, our businesses will share best practices and provide a platform for future organic growth. We look forward to welcoming the WMI team into the RelaDyne family soon and offering their customers additional products and services from the people they already know and trust.”
The acquisition of WMI is RelaDyne’s largest acquisition to date. It is the 30th acquisition since RelaDyne’s founding in 2010.