The Houston-based lubricants distributor added Colombia-based Chevron distributor OilRed, extending the reach of its Grupo Lucalza Latin American division.
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The lubricants, detailing products and automotive solutions distributor expands RelaDyne’s Midwest footprint.
The move will bring leadership closer to its largest employee population, key supply partners and nationwide distribution operations.
The pace of mergers and acquisitions among industrial distributors and manufacturers stalled in March following several strong months.
It's the company's first announced acquisition since making a deal to acquire Orange Line Oil Company in June 2022.
