RelaDyne has announced the acquisition of Grupo Lucalza, a fuel distributor in Latin America, according to a press release.

Grupo Lucalza was founded in 1982 and has over 40 years of experience in offering “lubricants, fuels, filters, batteries, and tire distribution services” in Latin America. The company operates in countries such as “Mexico, Nicaragua, Panama, Dominican Republic, and Guatemala” and employs over 750 people.

Also gained in the acquisition were Lucalza’s subsidiaries, Imporfil and Texpetrol. Imporfil is located in Mexico and offers “lubricants, greases, antifreeze, and filters,” with Texpetrol in Guatemala distributing “bulk fuels for aviation, retail, and industrial sectors.”

Grupo Lucalza CEO Guillermo Méndez said he is thrilled about the acquisition and that it will be “a platform for future growth for our associates, customers, and strategic supply partners.”

“Grupo Lucalza’s dominant market position, expansive geographic coverage with a highly efficient distribution network, and strong commitment towards customer service will be leveraged by our RelaDyne Reliability Services industrial team throughout Latin America,” said David Schumacher, chief strategy & operating officer of RelaDyne.