Lubricant supplier RelaDyne has announced the acquisition of Allied Oil, according to a press release.
Allied Oil is a provider of “lubricant and DEF solutions and industrial reliability services” in the Midwest. It was founded in 1958 in Omaha, Nebraska. The company has served “Transport, Industrial, and Consumer businesses” for 60 years.
The company is run from 7 distribution centers in 6 states and services 11 states in the northern Midwest and is considered Shell’s top distributor. The acquisition will offer RelaDyne a greater presence in the Midwest region.
“The acquisition of Allied Oil is extremely impactful as we continue our strategic expansion in the heartland of America,” stated David Schumacher, RelaDyne's chief strategy & operating officer. “Allied Oil’s focus in the commercial and industrial segments combined with RelaDyne’s commercial sector and RelaDyne Reliability Services’ expertise are highly synergistic for our current and future customers.”
Allied Oil President Steve Phillips is also satisfied with the acquisition and believes that the two companies have much to offer the other.
“RelaDyne’s geographic impact in the commercial and industrial sectors fully align and complement our existing reach in these segments, aiding in the diversification of products and services offered to our existing and future customers,” Phillips said.