CINCINNATI, OH — RelaDyne on Tuesday announced the recent acquisition of the lubricants division of Hollingsworth Oil Company (HOCL), a distributor of premium lubricants in Tennessee and Alabama. With HOCL locations in Nashville and Birmingham, this acquisition significantly expands RelaDyne’s geographic density and capabilities within Tennessee and Alabama.
Hollingsworth Oil Company purchased its Lubricants Division in 2007. In the past decade, the company has grown to become one of the region’s top distributors of lubricants due to its exceptional associates, customers, and high value of service. Now, this top-tier company is joining the RelaDyne family.
As a national provider of lubricants, fuel, diesel exhaust fluid (DEF) and industrial reliability services, RelaDyne will be better able to fulfill the needs of its existing Tennessee and Alabama customers as well as provide new products and services to an expanded five-state area with HOCL’s market reach.
"First and foremost, we welcome all the Hollingsworth customers and associates into the RelaDyne family,' said Larry Stoddard, RelaDyne President and CEO. "We feel with high confidence that the greater Nashville and Birmingham marketplace presents an abundant growth opportunity for RelaDyne’s wide breadth of products and services. We are excited and committed to that community through this, our second acquisition in Tennessee and Alabama."
In November 2015, RelaDyne acquired Mid-State Industrial Services of Nashville, thus securing its place in the Mid-South region.
"RelaDyne is such a great fit for our people and our customers," states Ronnie Hollingsworth, owner and President of Hollingsworth Oil Company (the parent company of Hollingsworth Lubricants). "Because of RelaDyne, we’ll be able to provide our associates with expanded opportunities, and our customers with new products and services we could not previously provide with our resources."
The acquisition is RelaDyne's fifth of 2016.
